HERALD TRIBUNE — Dec 17 — A handful of giant media companies, like NBC Universal, News Corp., Viacom and possibly CBS, are close to announcing a new Web site that will feature some of their best-known television programming and other clips in an attempt to build a business for distributing video on the Internet to rival YouTube. The new business could be announced as soon as this week.

The full article was originally published at Herald Tribune, but is no longer available.

HERALD TRIBUNE — Dec 17 — A handful of giant media companies, like NBC Universal, News Corp., Viacom and possibly CBS, are close to announcing a new Web site that will feature some of their best-known television programming and other clips in an attempt to build a business for distributing video on the Internet to rival YouTube. The new business could be announced as soon as this week.

The full article was originally published at Herald Tribune, but is no longer available.