Monday, October 30, 2006

Brightcove to Launch Online Video Marketplace - WSJ.com

"Brightcove, an Internet TV company backed by Barry Diller's IAC/InterActiveCorp and Time Warner Inc.'s America Online, Monday launched an online video marketplace that will enable owners of movies, television programs and other videos to cut distribution deals with owners of Web sites.
The Brightcove Network has been in test mode for months and already is being used by media and entertainment companies such as Reuters Group PLC, Viacom Inc.'s MTV Networks, and Dow Jones & Co., publisher of The Wall Street Journal. Until now, only content owners selected by Brightcove could use the network. Now any media company or professional video-content owner will be able to launch a Web video channel at Brightcove."

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