Enthusiasts bet that consumers — particularly affluent, tech-savvy ones who are cable and satellite companies’ best customers — will take to Internet video. PricewaterhouseCoopers forecasts sales of necessary high-speed connections to rocket past today’s 35 million homes to 62 million in 2009( in the US). In recent weeks:
Scripps, which owns Home & Garden Television (HGTV) and the Food Network, said it will launch 10 Web channels by the end of 2006, beginning with one for kitchen design.
AOL, which recently served live video from Live 8 concerts, will partner in a joint venture announced Tuesday to offer live music and comedy online, as well as via satellite and other platforms. Also in the Network Live venture: XM Satellite Radio and Anschutz Corp.’s AEG, an arena owner and event promoter.
At Viacom, cable channel Nickelodeon launched TurboNick, a Web site with episodes of cartoons including SpongeBob SquarePants and Rugrats. Viacom’s VH1 also introduced VSpot, which will show the season opener of The Surreal Life before the TV channel.
CNN ditched its nearly $5-a-month subscription fee to rely on ad support for a site with beefed-up programming. It plans a broader subscription service this fall.
"There’s going to be television out the wazoo," CNN/US president Jonathan Klein says. He ran online video service The FeedRoom before CNN hired him last fall.
"It’ll be pausable, searchable, with all the customizable on-demand advantages of the Internet. It’s a future that’s not very far away."
thro’ USA Today