Akimbo, an Internet video-on-demand service provider is no more. They’ve made it to TechCrunch’s dreaded Deadpool. It’s somewhat of a puzzling development, since Akimbo raised $56 million just three months ago. Akimbo had shifted their business model to a “white label” provider of Internet VOD. CenturyTel recently launched an Internet VOD product, powered by Akimbo. Akimbo was also featured in AT&T’s Homezone product. Akimbo’s demise gives Internet VOD somewhat of a blackeye. They originally started as a hardware provider, offering VOD set-top-boxes. They then shifted to a Internet only model, and their last iteration before death was a “white label” provider. Is there an Internet VOD model that works, because it looks like Akimbo tried them all?
