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That's an indication that well-done internet video CAN be recognized for its quality. If it would have folded without doing anything, THEN someone could say that the investment was wasted, yadda yadda. The fact of the matter is that they did what startups all over the place are trying to do... build a product, get recognition and sell it.
According to The New York Times, CBS is supposedly planning to repurpose the group for their Bnet property, so we'll see what happens with that.
Either way, once the sale is made, the content creator's job is successfully done... Assuming that a sale was their goal to begin with.
* Did the program run its course?
* Were the creators (or distributor) burned out?
* Did the subject matter dry up?
* Did someone get a better deal elsewhere?
* Were there politics involved?
One example isn't enough to judge an entire medium by, but if there's a rash of well-produced shows getting expunged, then we can say there's a trend.
If all we see are the failures and their aren't any successes, the deep pocketed TV networks aren't going to fork over $5M per show anymore.