If you haven't noticed, Comcast is finally acquiring a majority stake (51%) in NBC/Universal from GE, because GE decided to buy back the 20% stake owned by Vivendi SA, valued at $5.8 billion.
It's really too bad, since GE's way of thinking about all their businesses applied to NBC/Universal, which made them a very efficient company. One may argue that such corporate structure comes at the price of creativity (re: 4th ranked network still), however, decisions are made soundly and with good reason, unlike other "old" media companies.
But what I can't stand is the fact that Comcast is launching something off of their Wanna-be Hulu service called Fancast.
It's really too bad, since GE's way of thinking about all their businesses applied to NBC/Universal, which made them a very efficient company. One may argue that such corporate structure comes at the price of creativity (re: 4th ranked network still), however, decisions are made soundly and with good reason, unlike other "old" media companies.
But what I can't stand is the fact that Comcast is launching something off of their Wanna-be Hulu service called Fancast.
Chances are you didn't know about Fancast, and that's for good reason.
Because Hulu is a much better user experience and has deals with all the major networks now. Plus it's based in L.A., not in Philadelphia.
Press release:
"Comcast will likely launch its online video service under the new name of Fancast Xfinity TV, though the new service may use the simplified name of Xfinity. Originally the service was named OnDemand Online at its initial announcement earlier this year. Comcast already secured Xfinity.com and several similar websites as well as the Twitter feed at Twitter.com/Xfinity in addition to having a commercial ready to promote the new product. "
Press release:
"Comcast will likely launch its online video service under the new name of Fancast Xfinity TV, though the new service may use the simplified name of Xfinity. Originally the service was named OnDemand Online at its initial announcement earlier this year. Comcast already secured Xfinity.com and several similar websites as well as the Twitter feed at Twitter.com/Xfinity in addition to having a commercial ready to promote the new product. "
1 comment:
NYTimes discusses changes to Hulu and Fancast.
http://www.nytimes.com/2009/12/04/business/media/04hulu.html?hpw
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