There are different types of video web hosts. Vimeo is a place for the creative community to share work and experiences. YouTube started out with user generated videos and is now expanding into original content, subscription and rental movies.
Blip.tv is a place for those web producers who have a regularly scheduled series. This can mean an entertainment production, how-to or an on-going series. Blip distributes programing to other services so this re-vamping of services is consistent with that focus.
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