[ONLINE MEDIA] Yahoo/Akimbo Carrying Video Content
- Akimbo to Carry Yahoo Video Content
By JESSICA MINTZ 01.10.07, 2:03 PM ET
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
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.