Web is the New Battleground for Digital Entertainment
July 18, 2005
The Internet is the new battleground for digital entertainment.
All the top media companies are aware of consumers' growing
transition from television to the Web. Broadband and software
improvements have made it easier to download and stream video online
and studies have shown consumers will watch online video.
Some popular memes and videos have been seen millions of times.
Teens and college kids seem to have already made the transition and
most have already used the Internet to watch music and news video clips.
Some major media companies have been making announcement and cutting
deals to ensure themselves real estate in this massive video battleground.
Here are just a few of the ongoing online digital content deals:
Amazon.com has acquiredCustomFlix, a website that lets people make and sell DVDs.
Nickelodeon has launched TurboNick, online ad-supported videos (via B2Day).
CBS plans to turn their news newtork into a web-centric news model with blogs and video interviews. (Via BloggersBlog.com)
Intel and actor Morgan Freeman's movie production company, Revelations Entertainment, have
formed ClickStar, a company that will distribute first-run movies online. (Via News.com)
Google recently launched a video upload tool and video service.