Studio 60 on the sunset strip posts

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GE after the bell 9/12/06: online syndication and top five on Barron's list

General Electric (GE) ended the day up 24 cents and 0.70 percent at $34.67. Barron's list of respected companies based on capitalization no doubt was responsible for some of the love GE had on the market today. GE scored as one of the top five on that list, right next to Proctor and Gamble and Berkshire Hathaway.

NBC/Universal also launched online video syndication, using AOL to help it bring Studio 60 on the Sunset Strip and Twenty Good Years to web audiences. Will this build audience for those shows on the cable side of things? Time will tell.

AOL Loves Video

Announcements about major websites moving into video now come fast and furious. You can almost watch the morning news each day to find new video deals on the web.

Today AOL announced that it has entered into a deal with NBC to stream video of two shows, according to CNN Money.

The shows AOL will begin with are Studio 60 On Sunset Strip and Twenty Good Years.

Television and films are now moving to the web in earnest. The interest in the new Amazon film and TV service over IP is only the latest example of tremendous media coverage following each old-media/new-media tie up. At this point video services are now a part of AOL, Yahoo!, Google, and MSN. Slightly smaller sites like CNN and MSNBC have also adopted the model. Rumors of a news video service from Apple may be confirmed this week.

The issue for these service is not whether they will pick up customers. They will, but the numbers are still in question. But not every provider can be a winner. The large sites like AOL have an edge. They already have huge audiences to direct to video portions of their sites. But, if two or three dozen large web properties hit the door at about the same time, it is going to get crowded.

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Last updated: May 27, 2012: 07:15 PM

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