Videola is a base installation profile for creating a video portal website using Drupal. This package consists of a .make file which can download all dependencies of the profile using Drush Make and an installation profile which hinges off of the excellent Profiler.
Profiler itself is going through some major changes and is under active development. It is currently a profile itself but will soon be transitioning to a fully fledged module. Check out the project page for more.
Videoloa currently uses Ooyala as it's hosted video solution of choice. The Ooyala module is under active development.