Not to continually beat up on CJ, Linkshare, Performics, ShareASale, LinkConnector and now pepperjamNETWORK but why aren’t affiliate networks doing this??

Overlay.tv is an upcoming video network that lets you add hyperlinks and image overlays to video content in order to monetize the clips. The Overlay technology and network won’t be launched until Valentine’s Day, but the service is getting some early press thanks to its funding news. $4.6 million in Series A financing has been provided by Celtic House Venture Partners, EdgeStone Capital Partners and Tech Capital Partners.

Seriously.

There’s a ton of money and traction to be made in the video space. The tech doesn’t look that difficult considering the amount of money that the affiliate networks are making.

Lead us to the promised land of innovation, oh great networks. Please.