NBC, News Corp. in online video venture

NBC Universal and News Corp. joined forces Thursday with several major Internet companies to distribute TV shows, video clips and movies online in an effort to better control their programming and counter competition from YouTube. Canada.com reports.

"The new network, which would launch this summer, comes in response to the explosive growth Google Inc.'s YouTube".

The venture is aimed at giving broadcasting companies greater control over how their shows are distributed on the Internet."

emily | 10:07 AM | YouTube and other User Generated Video Sites |
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