Well I personally know the guy that operates VideoCodeZone.com. I know that he sold it for $200,000. I also know for a fact that he was making about $1,500 - $1,700 per day when he sold the site. Also know that he was averaging about 1,200,000 daily pageviews and 105,000 daily uniques. He did all of this is 4 months time with $0 spent on advertising.
I see about 42 sites right now trying to get in on the market, and I can guarantee you from experience, that 99.999% of them will never make any kind of money Like videocodezone.com does, not even 1/5 of the amount, simply because search engine traffic accounts for less than 2% of the sites traffic, so having good SERP will do almost nothing for your site.
This is a market that once the first few guys get in and go big, almost all others will fail no matter how hard they try, or even pay to advertise. Simple fact, MySpace.com has 22,000,000 users, and most of those users that want a music video on their profile already have one from one of the big players such as VideoCodeZone.com...etc. Now when people browse their profiles, see the video, and decide they want it also, they click on the link in the video to go directly to the site, they don't go to Google and try to find a site, they go directly to the site and use them. So long story short, once a site dominates the market with incoming links, it's pretty hard for others to try and tap in on the market.
Now why he sold a site that was making $1,500+ per day for only $200K which is only 133 days revenue when a site making that much could easily be sold for 6-12 months revenue ($273,000 - $547,000), well that my friends I can't say, but I can say that it was done for a reason :bandit:
