Friday, April 14, 2006

Fox jumps on the online TV bandwagon


This just in! Fox has announced that it has just signed a six year agreement with its affiliates that will allow it to place reruns of its TV shows on the Internet.

Coming right after a similar earlier announcement by ABC, it seems the we can look forward to watching popular shows such as "The Simpsons" and "American Idol" on the internet very soon. Other players in the industry have also moving in the same direction and it may mark a dynamic shift in watching of television as we know it.

What would be really interesting would be the revenue model that these networks have planned to implement for placing their hot shows online and my bet is that they be modeled after the ubiquitous advertising model.

More interesting would be the effects on both the many "content-less" web 2.0 startups that offer video hosting and conventional television programming. Conventional television sets may go obsolete faster than we thought.

[via : Reuters ]

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