Google's Still on Top
Updated from 12:35 p.m. EDT
The two media giants announced a partnership Thursday to launch an online video site this summer loaded with popular content, like full episodes of their smash hit TV shows like "Heroes," "24," "Saturday Night Live" and "American Idol."
Web rivals like Microsoft (MSFT), Yahoo! (YHOO), Time Warner's (TWX) AOL and News Corp.'s MySpace have pledged to help distribute the site in a move that was presented by the companies as "a game changer for Internet video."Forrester Research analyst Josh Bernoff says it's unlikely that the site can compete directly with the cultural phenomenon that is YouTube, the Internet video site that was recently acquired by Google. "YouTube is really two parts social experience and one-part video," says Bernoff. "NBC and News Corp. don't quite have what they need to duplicate the social experience part of it. Users are absolutely not going to be allowed to post any video they want on there, so while it could be a formidable Web destination and successful on its own terms, it won't take anything away from YouTube." By "social experience," Bernoff is referring to the grassroots aspect of YouTube that allows users to post their own videos on the site and potentially gain access to millions of viewers and, in some cases, affect national politics.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV