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[ONLINE MEDIA] Yahoo/Akimbo Carrying Video Content

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  • madchinaman
    Akimbo to Carry Yahoo Video Content By JESSICA MINTZ 01.10.07, 2:03 PM ET http://www.forbes.com/feeds/ap/2007/01/10/ap3318213.html? partner=alerts Akimbo
    Message 1 of 1 , Jan 11 10:41 AM
      Akimbo to Carry Yahoo Video Content
      By JESSICA MINTZ 01.10.07, 2:03 PM ET
      http://www.forbes.com/feeds/ap/2007/01/10/ap3318213.html?
      partner=alerts


      Akimbo Systems Inc., a video-on-demand service that uses the Internet
      to deliver shows to television sets, said Wednesday it inked a deal
      to bring video from Yahoo Inc. to its subscribers.

      Akimbo, a privately held company based in San Mateo, Calif., said
      viewers will be able to browse a regularly updated selection of Yahoo
      (nasdaq: YHOO - news - people )'s popular videos, then watch the
      clips on their TV screens, without extra charge.

      Video coming from Yahoo includes featured user-submitted clips
      selected by Yahoo editors and the most-watched clips of the week and
      of all time.

      The most-watched clips could include professionally produced
      television and movie video, and Akimbo said Yahoo will clear them for
      copyright issues before they appear on the service. For amateur
      video, Yahoo's terms of service already give the online company broad
      distribution rights.

      Financial terms of the partnership were not disclosed. Akimbo's
      service, which lets customers access more than 14,000 movies, TV
      shows and other video on demand, costs $9.99 per month. The latest
      model of its set-top box sells for $199.99 on Amazon.com.

      The partnership, announced at the International Consumer Electronics
      Show in Las Vegas, further underscores the convergence of TVs and
      personal computers. CBS Corp. (nyse: CBS - news - people ) said
      Tuesday it will broadcast user-generated video from Google Inc.
      (nasdaq: GOOG - news - people )'s YouTube before the Super Bowl.

      CBS also is working with Sling Media Inc. to let users post clips
      from its TV shows on the Web and share them with friends. Sling Media
      said it hopes to make similar deals with other networks and
      officially launch the service in the second quarter of this year.

      Also on Tuesday, Apple (nasdaq: AAPL - news - people )'s Chief
      Executive Officer Steve Jobs unveiled Apple TV, a 40-gigabyte hard
      drive that connects televisions to computers and the Internet.
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