GE & NBC expect a billion in digital profits -- only the beginning?


Internet-ready televisonNBC, a subsidiary of General Electric (GE), expects to make a billion in profit from digital content by 2009. This, from a company that actively tried to quash viral web clip activity early in the year, even though that one clip "Lazy Sunday" arguably made Saturday Night Live hip again -- or at least got people talking about the show. Over at our sister blog, TVSquad, Brett Love reports that AT&T is set to offer 20 web channels of broadband internet television. Right here, my colleague Victoria Erhart wrote about Time Warner's new offerings. It's a long way from the original WebTV.

Al Gore (himself a TV exec, besides his other projects) believes that television needs to become more internet-like, that the internet itself is still a long ways from being technologically able to replicate television's power to reach people.

Has mainstream video content on the internet reached the tipping point? Maybe the real question is, how long from now is the day when the internet and television are the same thing?

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-33.4512,598.55
NASDAQ-19.722,874.04
S&P 500-5.861,324.80

Last updated: May 16, 2012: 07:34 PM

Hot Stocks

General Electric

19.00+0.60(+3.26)

Alcoa

8.49-0.22(-2.53)

Apple Inc

546.075-7.095(-1.28)

Google Inc 'A'

628.93+17.82(+2.92)

Bank of America

7.11-0.19(-2.60)

Wal-Mart Stores

59.19-0.16(-0.27)

Exxon Mobil Corp

82.17+0.38(+0.46)

Ford

10.16+0.01(+0.10)

Citigroup

26.92-0.87(-3.13)

IBM

199.73+0.69(+0.35)

Yahoo

15.28-0.12(-0.78)

Starbucks

53.02-0.32(-0.60)

Microsoft

29.90-0.31(-1.03)

Home Depot

48.77+0.10(+0.21)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1337211265606 ms.