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wt!?! Stage6 is closing down..

 

I received a email from the stage6 staff I'll post it here:
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I'm Tom (aka Spinner), aStage6 user and an employee of DivX, Inc., the company behind theservice. I'm writing this message today to inform you that we plan toshut down Stage6 on February 28, 2008. Upload functionality has alreadybeen turned off, and you'll be able to view and download videos untilThursday.
I know this news will come as a shock and disappointment to many Stage6users, and I'd like to take a few moments to explain the reasons behindour decision.
We created Stage6 with the mission of empowering content creators andviewers to discover a new kind of video experience. Stage6 began as anexperiment, and we always knew there was a chance that it might notsucceed.
In many ways, though, the service did succeed, beyond even our owninitial expectations. Stage6 became very popular very quickly. Wehelped gain exposure for some talented filmmakers who brought greatvideos to the attention of an engaged community. We helped prove thatit's possible to distribute true high definition video on the Internet.And we helped broaden the Internet video experience by offering contentthat is compatible with DVD players, mobile devices and other productsbeyond the PC.
So why are we shutting the service down? Well, the short answer is thatthe continued operation of Stage6 is a very expensive enterprise thatrequires an enormous amount of attention and resources that we are notin a position to continue to provide. There are a lot of other detailsinvolved, but at the end of the day it's really as simple as that.
Now, why didn't we think of that before we decided to create Stage6 inthe first place, you may ask? That's a good question. When we firstcreated Stage6, there was a clear need for a service that would offer atrue high-quality video experience online because other videodestinations on the Internet simply weren't providing that to users. Agap existed, and Stage6 arrived to fill it.

As Stage6 grew quickly and dramatically (accompanied by an explosion ofother sites delivering high-quality video), it became clear thatoperating the service as a part of the larger DivX business no longermade sense. We couldn't continue to run Stage6 and focus on our broaderstrategy to make it possible for anyone to enjoy high-quality video onany device. So, in July of last year we announced that we were kickingoff an effort to explore strategic alternatives for Stage6, which is afancy way of saying we decided we would either have to sell it, spin itout into a private company or shut it down.
I won't (and can't, really) go into too much detail on those first twooptions other than to say that we tried really hard to find a way tokeep Stage6 alive, either as its own private entity or by selling it toanother company. Ultimately neither of those two scenarios waspossible, and we made the hard decision to turn the lights off andcease operation of the service.
So that's where we are today. After February 28, Stage6 will cease toexist as an online destination. But the larger DivX universe willcontinue to thrive. Every day new DivX Certified devices arrive on themarket making it easy to move video beyond the PC. Products powered byDivX Connected, our new initiative that lets users stream video,photos, music and Internet services from the PC to the TV, are hittingretail outlets. We remain committed to empowering content creators todeliver high-quality video to a wide audience, and we'll continue tooffer services that will make it easy to find videos online in the DivXformat.
It's been a wild ride, and none of it would have been possible withoutthe support of our users. Thank you for making Stage6 everything thatit was.
-Tom
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Damn, it was the best site to watch anime/movies or video clips fast. at school ect. if you dont want to download. now we have to use youtube again

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