DivX to shut down Stage6 video sharing service
Stage6 never really got the kind of attention that its competitors like YouTube and DailyMotion have. But Stage6 has supported high definition video streaming longer than almost anyone else. Their video player is slick and easy to use, and we can only hope that another company will license the technology.
Last year DivX considered selling Stage6 or spinning the service off as a private company, but neither option seemed economically feasible. The company has now decided that it can't justify the cost of running the bandwidth-heavy service and instead will focus on working with hardware makers to deliver DivX-certified devices like media extenders, DVD players, and video game consoles.