TV Networks Discussing YouTube Rival

An anonymous reader writes "Reuters is carrying a story indicating that NBC, CBS, Fox, and Viacom are considering banding together to work on a competitive video-hosting site. The goal would be to provide an alternative to Google's YouTube, and presumably direct some revenue in their direction." From the article: "While a deal is still far off, the four media companies envision a jointly owned site that would be the primary Web source for videos from their television networks, the paper said in an online report on Wsj.com, citing people close to the situation. The companies aim to cash in on the fast-growing market of Web video advertising and have also discussed building a Web video player that could play clips, the Journal said. "

Comments

Wow, this is pretty interesting...

[zappepcs]

First, Cuban says Google is stupid for buying YouTube, now all the megamediagiants want to band together to try to beat Google at its own game? Google has some work cut out for it... maybe?

If you consider that **AA wants to pull the rug out from under Google et al, now MS is trying their hand at the online video thing... then along comes johnny mediagiant to try too.

Perhaps there is more to this free internet videos thing after all?

How can the MPAA continue to want to control content and then want to play in the same space as Google?

The only thing I'm certain of is that this could be very interesting...