CNNMoney.com is an Online Video Star

As part of the Time Inc. Digital Showcase line-up in Manhattan last week, CNNMoney.com flashed its fat video wallet by showing the room full of press only just what Broadband video has done for their site, both in the past and for the future. According to Jonathan Shar, general manager/SVP for CNNMoney.com, the site, which holds content for Fortune, Money and Fortune Small Business magazines, had over 19 million video streams for 2007, a number that is basically unparalleled in the online business/financial news space. “Video has easily become the main feature of our site,” Shar noted, “and it will only grow in the next two years.”

Most interestingly, Shar informed us that instead of just piling video responsibilities on top of the current editorial staffs’ shoulders, they hired a full video staff of twelve (yes, TWELVE) editors and producers, including Caleb Silver, who is executive producer for the video channel. While the staff is huge and thought to only exist in budget fantasy lands like Time Inc., so is the video undertaking, which includes have an original video on each page so that users can read articles while watching the content-complimentary video at the same time.