29 September, 2006

AOL Commissions Jamie and GE invests in Brightcove

The front of this week’s Broadcast boasts the AOL is going into content commissioning following a deal with Fresh One productions to produce a high budget OB of Jamie Oliver Cooking. AOL found success following last years Live 8, with downloadable/streaming clips from the event.  This is one of a series of recent moves connecting the internet with original video content. I seam to remember worries that the likelihood of Broadcasters becoming Web Giants through acquisition, was much less likely than the likes of AOL, Yahoo or Google becoming Broadcasters.    Regardless nothing like that is going to happen this year…

Additionally in the news, it was reported earlier this week that Brightcove has received financial backing from GE Commercial Finance Group. There is a lot of cash in this industry, it is set to be huge!

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