AOL to Launch Video Portal

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NEW YORK With its parent company perhaps just days away from eliminating its core subscription business, America Online is betting its future on the promising online video sector.

On Aug. 4, the company will debut the AOL Video portal, which promises comprehensive content offerings, advanced search functionality and higher picture quality than its top competitors.

The new portal will boast a robust lineup of 45 individual on-demand channels, including a host of top names from the cable universe.



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