Competition for YouTube
Some big new players are getting into the online video game. ZDNet writes:
Three of the Web’s largest Internet portals–AOL, MSN and Yahoo–on Thursday announced that they will distribute video content for a new online joint venture of media conglomerates NBC Universal and News Corp. The new video network, scheduled to debut this summer, will feature full-length programming, movies and clips from at least a dozen television networks and two major film studios.
Update: Larry Dignan comments that there are too many cooks in the kitchen for this joint effort to work. He says:
You can’t graft two management teams from News Corp. and NBC together and expect this joint venture to go swimmingly unless General Electric, which owns NBC, does some Six Sigma magic to fuse these management teams. Anything is possible, but the odds are that Hollywood egos will get in the way of the user experience.
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