Location: 796 East Utah Valley Drive, American Fork, 84003, United States
A small start-up is trying to do what many in Hollywood and Silicon Valley have so far been unable to do: take Internet video from its YouTube origins to a full-fledged television service with dozens of channels.
"We have video on the Web," says Roxanne Austin, chief executive of Move Networks and a former president of DirecTV. "We don't have television on the Web." Austin's 100-person company, which is based in American Fork, Utah, has raised more than $67 million from some prominent backers that include Microsoft, Comcast and Walt Disney's venture-capital arm. But like past efforts by larger companies, including Microsoft and Motorola Inc., to offer Internet-delivered television, it faces obstacles, not least of which is getting content owners to sign on. "The technology is good enough this can happen," says Boyd Peterson, an analyst at Grail Research. "Now it comes down to the business case."
