The major media story of the day was not mentioned by CBS, even though Viacom, its former parent corporation, was one of the players. ABC mentioned it in passing while NBC assigned a reporter to Viacom's lawsuit against Google, the owner of YouTube for streaming pirated clips from VH1, MTV and Comedy Central's news satire shows The Daily Show and The Colbert Report.
NBC's Anne Thompson argued that Viacom and YouTube are not natural enemies. She pointed out that her network, NBC Universal, "has a deal with YouTube" to allow clips to promote its shows on the Website while WNBC-TV's Sree Sreenivasan argued that YouTube's menu of offerings is "enhanced" by old media content. "The crux of the battle between old and new media," Thompson told us, is "how to give consumers what they want in the form they want--and still make money." That last part about the money appears to be the rub.
You must be logged in to this website to leave a comment. Please click here to log in so you can participate in the discussion.