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NEW YORK In an unprecedented joint offensive aimed at defending the audience of the traditional networks on the Internet, News Corp. and NBC Universal have formed a partnership to launch a Web video distribution channel to challenge YouTube.
The new channel, which will house a wealth of network TV shows and movies in a copyright-protected environment, will go live sometime this summer.
In addition to creating a unique Web destination for online video, the two broadcast giants have struck sweeping video distribution pacts with Yahoo!, MSN, AOL and News Corp.’s
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