This Internet Thing is Starting to Seem Important Somehow
- YouTube is apparently working on a deal with the William Morris Agency to bring more professionally-produced content to the site. I do think celebs will attract a big audience on the site if they can figure out how to make short, funny, sexy stuff on a really tight budget. That tight budget thing is gonna be the issue...(And what about William Morris' 10% cut of all this action?)
- Netflix is successfully creating the perception that they will win the race to deliver movies over the Net to televisions. CEO Reed Hastings said this week that "streaming is energizing our growth." Netflix's fourth quarter results this week beat Wall Street's estimates, with revenues of $359 million.
- Paramount, Lionsgate, and MGM hope to launch a new subscription TV channel for movies, to compete with HBO, Starz, and Showtime. No cable or satellite or telco provider has agreed to carry the channel yet, so it will appear first on the Web, this May. It'll be called Epix. Ummm, didn't Starz already try its own Web-based movie service...called Vongo? That didn't work so well. Of course, Epix might have some radically innovative new take on how to build and Internet movie service...