Stage6, the video sharing site from DivX, has announced that it will be shutting down. Uploading to the video-sharing site has already been removed as an option for users, and February 28 marks the last day that people can go to the site to view content as well.
Without enough funding or a promising acquisition deal, DivX found it in its best interest to close Stage6 all together. Not to mention, high quality video for online use hasn't really taken off as most expected. While that may have some dire consequences for some users that kept a library of content on the site, it doesn't mean too much for DivX's overall efforts. There will still be a large focus on the sharing of quality content, and accessibility outside of the PC.
[img src="" caption="" credit="" alt=""]Much of the company's efforts are being put into DivX Connected, which is a consumer product for viewing online content on your television, through a set top box. DivX Connected still has an appeal for those that participate heavily in the creation and consumption of UGC, so in that regard, DivX isn't completely giving up on the enabling of individuals to share high quality content.