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One, privately held Gotuit Media, plans on differentiating itself by only posting professional content on its new broadband video service that will launch Monday.
Gotuit, which has raised $20 million in venture capital backing from Highland Capital and Atlas Ventures as well as a strategic investment from Motorola (Charts), is not a stranger to video. The company already provides video-on-demand programming to more than 1 million cable customers of Time Warner (Charts) and Adelphia in six markets. (Time Warner also owns CNNMoney.com)
Patrick Donovan, vice president of product management for Gotuit Media, said that he thinks there is room for healthy competition.
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