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NBC, News Corp. in Online Video Venture To Combat YouTube
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Mar 22, 2007, 08:17 PM
 
NBC, News Corp. in Online Video Venture
By SETH SUTEL 03.22.07, 6:03 PM ET

In Big Media's latest attempt to combat Google Inc.'s YouTube, NBC Universal and News Corp. are banding together with AOL, MSN and Yahoo Inc. to form an ad-supported online video network for full-length TV shows, video clips and movies.

The new venture, which has yet to be named, is expected to launch this summer and would allow people to watch many shows online for free, including "Heroes" from NBC and "24" from Fox, which is owned by News Corp. (nyse: NWS - news - people )
http://www.forbes.com/feeds/ap/2007/...ap3543999.html

We will see how they make money from their content. It's their product they SHOULD be able to prevent others from using it without their permission.
     
   
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