Comcast, News Corp. and NBC Universal to launch Internet venture

“Comcast Corp. will distribute programming from and provide programming to an Internet video venture that News Corp. and NBC Universal Inc. plan to launch this summer, the three companies said Monday… Comcast will provide programming to the venture from its cable networks, which include E! Style, G4, Versus and Golf Channel. The venture will use media management and video distribution technology from the Platform Inc., a Comcast subsidiary located in Seattle. News Corp. and NBC Universal will contribute thousands of hours of movies, clips and TV shows from more than a dozen networks and two major film studios to the venture, which will make it available via its own Web site and others, including AOL, MSN, MySpace and Yahoo. The venture will have offices in Los Angeles and New York.”