Mexican billionaire Carlos Slim is financing an Internet TV network that will include an interview show with former CNN television host Larry King in a project that could be running before October, reports Reuters.
The online venture, Ora.TV, will be based in the United States and could launch in the third quarter of this year, a spokesman for Slim told Reuters on Monday. The free online news and entertainment channel will have mostly English-language content in its initial phase.
The telecommunications tycoon was named the world’s richest man for the third year in a row, according to Forbes magazine’s annual list of billionaires.
Slim’s América Móvil, Latin America’s largest mobile carrier, accounted for around US$49 billion of Slim’s wealth and will fund the station. It will be led by Jon Housman, who was formerly the president of digital journalism at Rupert Murdoch’s News Corp.
The venture will have a New York headquarters and Los Angeles studios to produce on-demand content and “a wide range of programs that transcend traditional formats,” according to a statement from Ora.TV.
“The business model will be based on advertising and probably (down the road) there could be channels that may want to broadcast it exclusively.”
Slim is the main provider of pay-television in Latin America, where he offers cable and satellite services to around 13 million customers, and he also owns a stake in New York Times Co. He is barred from competing in Mexico’s traditional television market, but maintains a local online news site Uno Noticias.
There are lots of streaming video sites. The trick is gathering eyeballs. How about free broadband? Pack a dozen streamers on the splash page. Like Hulu on 4G.
If América Móvil bought 20 MHz of Clearwire’s 2.6 GHz they might have a wireless network. Using LTE-A, multicasting over neighborhood towers could be the delivery mechanism.
Now TV is the world’s largest commercial IPTV provider. It serves Hong Kong with more than 190 channels of local, Asian and international programming. Now TV has captured the media rights of EURO 2012 Soccer to broadcast all 31 matches live in HD.
The Freeview service delivers absolutely free, off-the-air digital television, covering 90% of Britain.
More than 30 free television channels are available using the Freeview box with some 68 HD channels also available. It is jointly run by its five equal shareholders, BBC, ITV, Channel 4, Sky and transmitter operator Arqiva.
Qualcomm and Ericsson demonstrated LTE Broadcast, the evolved Multimedia Broadcast Multicast Service (eMBMS) platform at MWC last month. The eMBMS feature multi-casts the same media signals over one LTE channel to multiple recipients in the same geographic region. LTE Broadcast delivers high-bandwidth, high-demand live, premium and software content and allows operators to optimize delivery using broadcast, one to many features.
In the United States, perhaps networks like Aljazera, the BBC, China’s Now-TV, as well as US content networks like Hulu+ or Netflix, and Apple’s media-heavy iBooks or ad-filled iNewspapers could tag along and deliver a triple play to the urban core.
The Wall Street Journal says Intel is considering offering an online TV service that would compete with services from cable operators, satellite TV providers, and phone companies. The offering would be delivered via an Intel designed set-top box and offer a virtual cable service over broadband.
Aereo, an online television service backed by billionaire Barry Diller, is preparing to launch a streamcasting service that picks up local broadcasters using nearby antennas, and connects subscribers using the internet. Subscribers can watch broadcast TV programs by using remotely located antennas and record and play back those programs for their own personal use. Just like a home DVR with a streambox.
Broadcasters and local TV stations have filed lawsuits seeking an injunction to stop Aereo from retransmitting their programs to phones, tablet computers and other devices. Aereo has countersued broadcasters.
Aereo’s antenna arrays allow individual subscribers to be allocated their own antenna, each the size of dime. Because each subscriber has their own antenna located in Aereo’s facility and has their own dedicated storage space for the DVR, Aereo argues that no copyright violations occur. Consumers “may use do what they are legally entitled to do,” using their own antenna and DVR box.