Media Giants vs YouTube
March 23, 2007 on 7:44 am | In Online Video |ok - they(big media) finally annouced it - they(NBC,Universal, etc) are forming a online video venture - to stream full-length TV shows and other video programming over the Internet, ad supported.
The nameless venture will be in production some time this year - impressive - no name - but a release timeframe is out. You know - most of the traffice on the internet consumes non-repurposed TV content. I do not think this venture will make any significant hit to YouTube.
YouTube is a creative platform bubbling with energy -culture, activist thoughts, election campaigns, education tutorials, inspiring content by spritual gurus, alternative health advice,etc,etc - that’s what people want. Yes - they do consume TV shows - but that is a afterfact. This kind of untangible people innovation cannot foster under big media umbrella - so i think YouTube will be fine - infact it will only grow -once people are repelled by an overdose of ads on this nameless venture.
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