ABCNews.com's strategy pays off
ABCNews.com earned its first annual profit, in part due to subscriptions to and advertising on its broadband 24-hour news feeds, which reach a few million customers as part of bundles from RealNetworks Inc. and high-speed DSL Internet providers. It's begun working on streaming video to wireless phones. ABC News President David Westin says he hopes to move forward fairly promptly on building a 24-hour news network for digital broadcast television, in cooperation with its affiliates, that would combine local, national and international news.Jan 06, 2004 | E-MAIL | SAVE | PRINT | PERMALINK | DISCUSS(0)
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