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Current DateTime: 05:07:41 26 Nov 2009
LinksList Documentid: 31765984
Expiration DateTime: 11/26/2009 5:09:04 AM
    • A Facebook Christmas  24 Nov 2009

        Sheryl Sandberg, who oversees all of Facebook's business development and sales, tells CNBC's Julia Boorstin what the company has planned this Christmas.

    • Looking Left  23 Nov 2009

        CNBC's Julia Boorstin looks at the weekend's box office and Twilight's gigantic "New Moon" opening. She also discusses California's looming unemployment insurance crisis and a waiting list for pro football in Los Angeles.

    • Microsoft-Murdoch Scheme  23 Nov 2009

        Microsoft is reportedly talking to News Corp about teaming up on a search plan that would withhold content, including the Wall Street Journal, from Google, with Matthew Garrahan, Financial Times correspondent, and CNBC's Julia Boorstin & Bill Griffeth.

    • Inside Paramount Pictures  20 Nov 2009

        Discussing Viacom's Paramount Pictures strategy, with CNBC's Julia Boorstin and Brad Grey, Paramount Pictures.

    • Oprah Show to End in 2011  19 Nov 2009

        CNBC's Julia Boorstin has the details on Oprah Winfrey's decision not to renew her contract with CBS syndication.

    • Kids and Finances  13 Nov 2009

        A look at some of the stories of several inner city teens trying to become the business leaders of tomorrow, with CNBC's Julia Boorstin.

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Current DateTime: 05:07:42 26 Nov 2009
LinksList Documentid: 31625651

Media Money

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Jun.25
10:56 AM ET
Thursday, 25 Jun 2009
Time Warner And Comcast Partner To Save Cable

Time Warner [TWC  Loading...      ()   ], one of the biggest creators of cable content, and Comcast [CMCSA  Loading...      ()   ], the nation's largest cable broadcaster, have teamed up to help the industry compete in an Internet-dominated world.

They're working on a model TWX's [TWX  Loading...      ()   ] CEO Jeff Bewkes has dubbed "TV Everywhere." Comcast will roll out a national test of "On Demand Online" in July, giving 5,000 subscribers access to programming from Turner's TNT and TBS. The idea is to give cable subscribers access to cable TV content online, through a secured website. It would be an added value for subscribers, and it's intended to ensure that the content isn't available elsewhere.

The cable business faces a major threat from the Internet as people watch more content online, for free. This challenges both cable operators like Comcast and Time Warner Cable [TWC  Loading...      ()   ] and cable programmers like Time Warner and Viacom [VIA  Loading...      ()   ]: revenue from cable subscriptions has remained incredibly robust, despite the recession, and cable advertising is one of the strongest ad sectors. Cable programmers spend about $22 billion on programming and cable is still the most important of the three services cable operators offer. So it's definitely an industry worth defending.

The industry has been wary of any meetings that could be perceived as collusion -- the last thing these companies need is an anti-trust investigation. But at the same time the whole industry will have to participate to really make this a new business model. So Time Warner and Comcast are using this partnership as an opportunity to lay out the framework, emphasizing that "it would bring significantly more television content to customers online in a manner that is consumer-friendly, pro-competitive and non-exclusive."

Time Warner says that other content creators are expected to get on board to share their shows through Comcast. And other cable broadcasters like Time Warner Cable are expected to announce their own tests soon. Meanwhile everyone will be watching to see whether "On Demand Online" works. Will people watch? And will they watch the ads? And will the technology be secure?

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Current DateTime: 01:44:15 26 Nov 2009
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