AOL Is "Breaking the Glass Ceiling" of the Video Syndication Business

Buoyed by its acquisition of syndicator 5Min two years ago, and more recently Goviral, AOL Video has grown its video revenues to $100 million. AOL has focused on an online video syndication strategy - and that has helped the company boost video revenues, according to the company's third quarter earnings report. "We expect the same momentum in 2013," Ran Harnevo, SVP for Video, tells Beet.TV. "We think it's a big achievement for the whole company."