PSound
05-01-09, 03:48 PM
With three of the four big networks now partners in online video hub Hulu, CBS is now distinctly under pressure to either get on board or make its own strategy pay off.
On Thursday, Disney confirmed it would become a full equity partner in Hulu, which is owned by News Corp., NBC Universal and Providence Equity Partners. ABC’s hit shows will now join those of NBC, Fox and many other providers at the site. Some Disney cable content will also be part of the deal.
So more focus will now fall on CBS, both as the lone Hulu holdout among the big four networks and because of the $1.8 billion it paid for CNET.
http://www.videobusiness.com/article/CA6655722.html
On Thursday, Disney confirmed it would become a full equity partner in Hulu, which is owned by News Corp., NBC Universal and Providence Equity Partners. ABC’s hit shows will now join those of NBC, Fox and many other providers at the site. Some Disney cable content will also be part of the deal.
So more focus will now fall on CBS, both as the lone Hulu holdout among the big four networks and because of the $1.8 billion it paid for CNET.
http://www.videobusiness.com/article/CA6655722.html