Jeff Bewkes, Time Warner’s Entertainment & Networks Group Chairman spoke at the Merrill Lynch Media & Entertainment conference earlier this week and he stressed on the future of VOD for his company. (Archived webcast here)
– Time Warner Cable created VOD, he said. AOL On Demand, which is the free music on demand service on TWC, is second most popular after HBO on demand, he mentioned. About 2/3 of free VOD is AOL on Demand.
– Turner is taking a leading position in broadband network: includes GameTap, expected to launch this Fall. Turner also operates PGA.com and Nascar.com.
– CNN.com’s CNN Pipeline expected to launch in Q4 this year.
– On AOL: AIM is the center of its strategy. Through AIM, AOL strategy is to offer “most compelling broadband content online”. We have over 15,000 video assets as of now.
– CNNMoney.com merging sites: That is mostly revenue driven..more powerful programming and more powerful connections with advertises
– Cable competing with online video: It is competitive to some extent, although to the extent that user access the video online using the cable modem, it will support the cable infrastructure.
– Piracy of video online: The best to thwart those things is to compete with the consumption..the answer there is: offer a good product in the right window, in high quality, at a good price. Also, DVR drives up usage…you need to find other ways to monetize the product.
– Wireless TV network: There are early experiments, and you can see Cartoon Network in wireless. Same with CNN…
– DVD: We are still very confident that competing DVD standard will become a unified one.
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