I shouldn’t have been such a smartypants in the last post- a few minutes ago on TechCrunch:

I’ve just joined the “NewTube” media call with NBC Universal CEO Jeff Zucker and News Corp. COO Peter Chernin. Notes to follow.

Chernin is kicking things off. It took him about 2 minutes to say “Web 2.0″ for the first time. Saying this will be the largest premium video network on the web. Extending offer to other distribution partners, wants to work with everyone.

Zucker is now on. Talking about importance of “significant IP protection” as a primary goal. Second – this provides an excellent opportunity for advertisers, who want to be associated with premium video. Five charter advertisers already yesterday (Cadbury Schweppes, Cisco, Esurance, Intel and General Motors). Two more today (Royal Carribean is one).

Revenue will be split between News Corp and NBC, with a portion going to distribution partner.

Some background:

The rumors of a joint venture to counter the perceived Google-YouTube threat, dubbed “Clown Co.” by Google executives, are now confirmed, although the name of the new company is not yet available. In a press release, Peter Chernin (COO News Corp.) and Jeff Zucker (CEO NBC Universal) are announcing “launch the largest Internet video distribution network ever assembled with the most sought-after content from television and film.” Content from at least a dozen TV networks and two major film studios is promised. Initial distribution partners include AOL, MSN, MySpace and Yahoo.

So Viacom have jumped in with Joost, News and NBC are partnering, Google/YouTube is calling ’em all CLOWN CO – what fun! Makes Kim Williams calling Channel 7 and Channel 10 “boneheads” at ASTRA look positively civilized! 🙂

But methinks that NewTube is probably not hosted at NewTube.com (see picture above).

Oh and I probably shouldn’t link to this site… Peekvid. BitTorrent’s all your fave TV shows and movies anyone? Peekvid does not contain any content on its site, but is merely an index of available links on the Internet. Peekvid is committed to an industry solution that will provide a mechanism to compensate artists that create the work you enjoy watching. Peekvid would like to be part of the long term solution.