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Streaming TV on ABC and MTV Is Profitable March 19, 2009

Posted by andre in Internet & Communities, Multimedia.
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Both MTV Networks and ABC.com have achieved profitability in their online video efforts, said execs on a panel in New York last night, according to an account on Multichannel News. The two networks have clear and aggressive strategies for distributing TV shows online — MTVN has aimed for wide distribution while ABC has pushed a walled garden of high-quality streams. And apparently, they’re paying off.

For MTV Networks, online video as a business is profitable, said Greg Clayman, executive vice president of digital distribution and business development — but “the bad news is it’s still a small one, certainly relative to the rest of our business.”

via Streaming TV on ABC and MTV Is Profitable

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