The latest company to jump into the online video gold rush is Gotuit. Much like YouTube, the videos come up on a flash player with the navigation wrapped around the video window. The difference is Gotuit has licensing deals with the content creators. At this point their offerings include news updates, sports clips (such as video from the NBA Draft), and lots and lots of music videos. The videos are served up fast and the interface is very intuitive.

What we’re seeing her is the structure of the television channel and the schedule is eventually going to be replaced by the search and on-demand structure of the web. These websites are just beginning to explore what the new paradigm is going to be.

From Techcrunch