JumpCut, an online video editing tool, is closing! Another tale of a Web 2.0 tool gone bust?

Their email:

Dear Jumpcut user,

After careful consideration, we will be officially closing the Jumpcut.com site on June 15, 2009. This was a difficult decision to make, but it’s part of the ongoing prioritization efforts at Yahoo!

Very soon, we’ll be releasing a software utility that will allow you to download the movies you created on Jumpcut to your computer. We’ll send instructions to this email address when the download utility is available.

Once you download your movies, you may choose to upload them to another site such as Flickr, which now allows video uploads. You can find out more here: http://www.flickr.com/explore/video/

Thanks for your understanding and thanks for being a part of Jumpcut.

The Jumpcut Team

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