Evsion Lab

There have been rumors of a TV network led joint venture to compete with YouTube for months - the first time we heard it was just a couple of days after the first rumor of Google’s acquisition of the company. Since then, we’ve heard that discussions stalled as one partner or another pulled out of the group. The rumors are now back with a vengeance. The L.A. Times is now reporting that a deal may be announced soon, and this was confirmed to us directly as well by a source close to the deal. An announcement could come as early as Thursday. It seems clear that News Corp. and NBC are involved, with Viacom and Sony as possible players as well. This won’t be a direct YouTube competitor in that the focus will be on distribution of content to third party sites: deals may already be in place with Yahoo, Microsoft, AOL and News Corp.’s MySpace. There may or may not be a dedicated website for this content as well. So, to sum up, here’s what we know so far: This is happening and a press release is planned for as early as Thursday. [ Link to original post ]

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