CNN and AOL launch new video services

(Marshall Kirkpatrick, TechCrunch) “Two Time Warner sites are making serious moves into online video. CNN is expected to formally launch today a system for collecting user generated content, with video at the center of its strategy. The basics are already up at CNN Exchange. The system will be powered by – quite a deal to land for them. A CNet story this weekend said that war footage from Lebanon found on YouTube was a big part of the inspiration for Exchange, but you have to assume this has been in the works for some time. CNN Exchange will of course be about submission more than upload or sharing; I’ll be curious to see what percentage of submitted videos appear on the site. CNN will retain non-exclusive ownership of the submitted content and does not appear to plan compensation for content providers…”

Techcrunch » Blog Archive » CNN, AOL launch new video services – trouble for startups?


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