Former Disney CEO Turns to Web Video
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Former Disney CEO Michael Eisner said Monday that he was turning his attention to online video, announcing the launch of Vuguru, an independent studio that will focus on online video content.
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(90 sec.) Web giant's chief U.S. sales officer exits a week after Jerry Yang takes over as CEO.
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I want my Volpi TV Joost is wooing former Cisco senior executive Mike Volpi to take the reigns as CEO of the online video service, according to reports.â¦
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User-uploaded video might be making waves on the Internet but the future lies in professional content, according to the CEO of the Guba video portal.
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Representatives of older and new media companies detailed their embraces of the Internet Friday at the Web 2.0 Summit conference in San Francisco, with supposed old-line companies emphasizing opportunities and dismissing any threats to longstanding business models.Executives from CBS, Comcast, Joost, and Current participated in panel sessions on media operations and the Internet. While the Internet might be seen as potentially taking viewers away from traditional broadcast and cable television, panelists noted that TV viewership still accounts for several hours per person daily and continues on its 30-year trend upward.Comcast and CBS officials both noted that the Internet can extend their businesses."We love the Internet for a variety of reasons," said Amy Banse, president of Comcast Interactive Media, which is responsible for the cable TV provider's Internet businesses. People use Comcast's pipe to access the Internet and Comcast is the largest residential ISP, she said.But Comcast also believes in cable TV and that it will be around for a while, she said. "People thought that with television, radio would disappear and with cable television, broadcast television would disappear, and we all know that that hasn?t happened," Banse said.The Internet has enabled CBS to extend beyond its largely U.S.-based audience and to gain "new eyeballs," said Quincy Smith, president of CBS Interactive, which covers Internet operations. "We, CBS, have not found the Internet to be cannibalistic to television," Smith said.Persons who see a two-minute clip of a CBS show, such as "How I Met Your Mother," might be encouraged to watch the program, he said. He recalled how a recent clip of David Letterman interviewing Paris Hilton showed up on YouTube and drew a lot of traffic; this was embraced by CBS, which carries Letterman's show.Asked by panel moderator Josh Quittner, of Fortune magazine, if she was worried about Google, Banse dismissed this."You want me to be a dinosaur running scared. I'm really not," she said. Google has been a "wonderful partner" for Comcast, with people accessing the search site via the Comcast pipe, said Banse.?In a subsequent panel session, officials from Joost, which provides broadcast-quality Internet television service, and Current, which blends broadcast TV with interactive Internet communications, shared their companies' visions."We wanted to bring the magic of the Internet to television, not the dumbness of television to the Internet," said Joel Hyatt, co-founder and CEO of Current. A community has been fostered to submit video that can be viewed on Current TV.Joost, meanwhile, is making peer-to-peer-based video distribution software that can run on PCs and the Macintosh, said Mike Volpi, Joost CEO. High-quality is streamed, with some of it professionally created by companies such as CBS and Viacom. Other content is developed by persons who are not so familiar. Joost is trying to develop an advertising-supported model.Both Joost and Current embrace advertising as a business model."I believe advertising is definitely the way to go," Volpi said. Advertising thus far has not blended well on the Internet because it has been offered in the form of banner ads or keywords, he said. But there are plenty of ad dollars to be gained by going after targeted users, he said.
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CQ&quot;&gt; Walt Disney Company shareholders might have done a double take when their chief executive, Michael D. Eisner, testified in court last week about the brief tenure of his friend, Michael S. Ovitz, as company president.
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Video on the Internet is at a stage of development similar to where VoIP was just a few years ago, as technology changes rapidly and as businesses and regulators grapple with how to deal with it.
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Search engine giant may want to solidify its place in hot online video market.
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A senior Walt Disney Co. executive  said she sees limits to how long her company will tolerate  copyright infringement of its programming by users of Google's  online video sharing site YouTube.
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A former Walt Disney Co. director testified Monday that Disney chief executive Michael Eisner told her in a December 1996 telephone conversation that then-Disney President Michael Ovitz was being fired and was eligible for a large severance package.
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Blog: Video-sharing company sees CEO Steven Starr move to chairman. Company best known for paying videographers has seen employee exodus in last six months.
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Walt Disney Co. President and Chief Operating Officer Bob Iger gave an upbeat assessment of the media company's future on Thursday in his first address to Wall Street since being named the sole internal candidate in the race to succeed CEO Michael Eisner.
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Top online video service  YouTube will soon test a new video identification technology  with two of the world&#39;s largest media companies, Time Warner  Inc. and Walt Disney Co.
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Stephen Chao, a hit maker fired from News Corporation, is starting an Internet video venture in how-to clips.
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The former CEO of NetScreen Technologies has moved on to a new upstart. Can he make the same magic work again?
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In a interview on CNN&#39;s &quot;Larry King Live&quot; in September 1996, Michael D. Eisner, chief executive of the Walt Disney Company, praised its former president, Michael S. Ovitz.
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Michael Eisner reportedly has told Walt Disney Co. directors that company President Robert Iger is his &quot;preferred choice&quot; to succeed him as chief executive of the media