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Tuesday, Jul 11

Newsfeed Update: 07.11.06

youtube.gifNYTimes.com Harnesses YouTube For World Cup Coverage (MediaPost)
The use of YouTube's video infrastructure by one of the nation's leading papers, coming shortly after Walt Disney Company ran an ad campaign on the site, and NBC agreed to distribute videos there, seems to indicate that established companies are increasingly embracing the YouTube platform.

Time Warner Thinks Free AOL Will Be Costly (WSJ)
Time Warner expects AOL to sacrifice nearly $1 billion in operating profit under a plan to offer free online service. The size of the projected decline in subscriptions highlights the considerable risks inherent in the company's proposal and the pressure management feels to take action.

Katie on Tour, Eying the Future (St. Pete Times)
"It's going to be an evolution not a revolution," promised Couric of her transition into the CBS Evening News anchor chair. "We're going to make some changes. But we're not going to alter it so radically that people are going to be like: 'Oh my God, what is this?'"

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