News Corp and NBC are joining together to challenge YouTube and plan to launch the largest Internet video distribution network ever assembled with the most sought-after content from television and film. The site will debut this summer with thousands of hours of full-length programming, movies and clips. The new company will be located in New York and Los Angeles.
â€œThis is a game changer for Internet video,â€ said Peter Chernin, President and Chief Operating Officer of News Corporation. â€œWeâ€™ll have access to just about the entire U.S. Internet audience at launch. And for the first time, consumers will get what they want — professionally produced video delivered on the sites where they live.
This seems to be a lot of HYPE. How are they going to detract people from going to YouTube? YouTube has an enormous following in part due to its strength in user-generated, user-submitted content. News Corp. has also sued to force YouTube to take down clips of some of its shows.
More lawsuits coming your way…….
Music Publishers have Filed a Federal Lawsuit against XM Satellite Radio and alleges that XM engages in massive copyright infringement through its illegal subscription digital music download service known as XM + MP3.â€