News Corp and NBC Universal are expected to announce as early as today that they’re teaming up to create the “YouTube Killer” that’s long been expected from the big media companies. The site will include TV shows and movies, plus the ability for users to edit clips and share them (no mention of user-generated content).
The pair have already struck partnership deals with Yahoo, Microsoft and AOL. The content provided by Fox and NBC includes “Heroes” and “The Office”, “Family Guy” and “24″. Movies from Universal Pictures and 20th Century Fox will also be sold. Time Warner, CBS and Sony Pictures haven’t agreed to a deal.
The first major news outlet to pick up on the deal was the LATimes, which provides disappointingly few details. We know that it could launch as early as this summer, but it’s not totally clear how MySpace will be part of this. Most likely, MySpace Video will form a major part of the deal, providing massive distribution, but Yahoo Video is also mentioned as an outlet for the shows. We’ll have to wait for the release to get the full details. Chances of overtaking YouTube? Slim, but MySpace gives them the best chance at success. Also note that Viacom had already pulled out of the partnership and chose to sue YouTube instead.
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