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Full disclosure, I am an OVP (Online Video Platform) provider.
Nice post and pretty close to the mark as to value creation (or lack thereof), but some additional context would be helpful. At $249 per month and 20 gigs streamed that would be equal to about $0.25 per video viewed (1,000 views) and a CPM of $250. Other OVP solutions, as strong or stronger, offer an initial price point of $100 per month and 200 gigs streamed, which is about $0.01 per video viewed (10,000 views) and a CPM of $10. So, it isn't really 5x, it is really 25x. You be the judge as to value created for the customer and cost effectiveness.
All the best,
Scott - CEO of Veeple