Stage6 to Shut Down on February 28

From the post title you can easily guess that it is not good news. From one of my friend I got that news earlier today. Later when I visited Stage6 site me also saw the notice they put in their homepage regarding shutdown. After Youtube, Stage6 was my favorite video sharing site but if you ask me about video quality then stage6 is way better than other video sharing sites which are already available. I guess most of the user of stage 6 can’t deny about the video quality which stage6 offered. If you are wondering why they are closing the site as Tom (Divx employee) already said that the company doesn’t have enough resources so that it can continue the service. They were also unable to find a buyer for it and probably that’s why they took that decision to shutdown the site. It’s already created a huge buzz among stage6 users. Nearly 11000 comments written over there in Stage6 site and lots of comments are coming with only request that please don’t shutdown stage6.