December 9, 2006

Media Titans Again Discuss Site to Rival YouTube

Four major media companies, including Fox, Viacom, CBS and NBC Universal, are in talks about creating a video Web site to compete with YouTube, reports The Wall Street Journal.

"... The talks are driven by media companies' belief that the fast-growing YouTube has built a huge business off their video content. Although many of the videos on YouTube are homemade videos uploaded by users, some of its most popular clips are pirated copies of television shows."

emily | 4:23 PM | News, Buzz | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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