Summary:

ABC News Launches News-On-Demand, For $4.95 a Month: Following CNN.com’s lead, ABC News has launched a subscription service called “ABC News…

ABC News Launches News-On-Demand, For $4.95 a Month: Following CNN.com’s lead, ABC News has launched a subscription service called “ABC News On Demand”. It is priced at $4.95/month and available at ABCNews.com. ABC News will also greatly expand the range of news programming to include full broadcasts of “World News Tonight With Peter Jennings” and “Nightline,” as well as a 30-day archive of those shows and other material, rather than the more limited selection of short clips that was previously available on the site.

The service is also available as part of the RealOne subscription service which in itself costs $9.95 a month.

“The unfortunate part of streaming video on the Internet is, the more successful you are, the more viewers you have, the more it costs you,” said Bernard Gershon, senior vice president and general manager at ABCNews.com. “You could be really successful at streaming video on the Internet and end up bankrupt.”

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