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UPDATE: News Corp.-NBC venture takes on iTunes, YouTube

Published by: jack 2008-08-20

Microsoft hopes mobile update will help shed its all-business image ::
Its new Windows Mobile takes a few steps in the right direction, but it will MobiTV Modu Motorola Music MVNO Myspace MySQL nanotechnology NBC News Corp.
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News Corp. and NBC Universal Monday debuted their joint-venture online video service Hulu.com with a private beta, adding a new rival to Apple's iTunes and Google's YouTube services.

Hulu joins Joost's video offerings in this increasingly hot and crowded space. While only opening on a limited basis to select users, Hulu is the first major initiative by content owners rather than technology companies who must rely on licensing agreements with television, film, and music providers for their content.

Google Video posts - Crave, the gadget blog - CNET::
the NBC-News Corp. joint venture hasnt been able to secure the rights to any that will let users access YouTube videos on their televisions, the
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Along with Hulu's own site, the company said its videos would be available through partners such as AOL, MSN, and MySpace, although links for Hulu on these sites were not apparent at the time of writing.

The company also said it had closed a $100 million round of financing from Rhode Island-based private equity firm Providence Equity Partners.

Hulu's beta and service -- the launch date for which has yet to be announced -- include a few full-length films, and clips and full episodes from shows such as "The Simpsons," "Prison Break," and "House." Hulu will offer video content on a free, advertising-driven basis.

"People have spent the last six months criticizing it before seeing it, and the fact they delivered it two months late allowed everyone to feel smug in their criticism. But now that it's here, they'll have to eat their words," said James McQuivey, a Forrester Research analyst. "It's not what they promised: it's better."

Cynthia Turners Cynopsis - Cyn Digi 3/23/07::
News Corp. and NBC Universal announced a partnership for the digital age yesterday, of the anti-Hillary video on YouTube has been unmasked, and it turns
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MacNN | Apple, Macintosh and iPod articles - Archives: December 05, 2007::
Nokia takes on Apple via music, sync service to companies that create the content they host, such as the NBC/News Corp joint
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McQuivey, who has access to the site as part of the beta program, said Hulu is exceeding expectations in several fronts, including the amount of content it features and its network of distribution partners.

He dismissed suggestions that initiatives such as Hulu from the rightful owners of TV shows and movies will knock the wind out of Google's YouTube.

The way McQuivey sees things, YouTube's main appeal is in the social interactions of its members, primarily via the uploading and sharing of amateur, user-generated video.

"YouTube is more about a social experience than a video experience," he said.

Hulu and similar efforts from organizations such as ABC do close the door on the possibility that YouTube would be the Web's TV channel, but this is of little concern to YouTube because that was never its goal, he said.

hulu : JoostTeam::
CEO of Hulu, an online video joint venture between NBC Universal and News Corp, to click the show guide button which takes you back to the main menu.
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nbc - SWiK::
on Hulu, its joint venture with News Corp. And it is not going to be just NBC. NBC Takes Its Shows Off iTunes And Goes Home. Monday, December 03, 2007
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Industry analyst Greg Sterling, of Sterling Market Intelligence, concurs that YouTube and Hulu can coexist by providing a different experience to people.

However, Sterling believes that YouTube shouldn't give up on trying to establish partnerships for professional video material, because a portion of its users come to the site to watch TV and movie clips. "It would be a mistake for YouTube to shun professional content altogether," Sterling said.

On a broader scale, initiatives such as Hulu could seriously change how TV shows are distributed, by giving viewers much more control about what to watch and when, Sterling said. This presents potentially a big challenge to cable TV networks, which now have to contend with an Internet channel that lets viewers bypass them, he said.

This story was updated on Oct. 29, 2007.




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