Video Platform MyPod Studios to Triple Revenue in 2013

Nascent online video platform MyPod Studios generated nearly $7 million in revenue in 2012 and is projecting to triple that in 2013, as it grows its audience and branches into new ad formats, says Jay Miletsky, CEO of MyPod Studios during an interview with Beet.TV. In addition to the branded content push, MyPod Studios is building a new video player and aiming to move into syndication, Miletsky tell us. In this interview he shares more insight into the company's approach to ads and content. The company has grown from two full-time employees to twelve, and is also aiming to expand into branded content in the coming months, he says. For instance, MyPod Studios is spinning off some of its most popular categories into their own sites, such as the food and drink category becoming Simpledish.com.