SAN FRANCISCO (AFX) - In a world in which professionally produced television content is making its way onto the little computer screen, CNet Networks' Web videos are the salmons swimming upstream.
CNet - whose made-for-the-Web video gadget reviews have become increasingly helpful as technology pervades consumers' lifestyles - hopes to get those video snippets in front of television viewers.
The San Francisco media company announced Monday a video-on-demand service called CNet TV, which will have distribution through Cox Communications, Tivo Inc. , and TVN Entertainment. It will launch in the second half of this year.
CNet's video streams have more than doubled in the last year, according CNet .
CNet's Web-to-TV move could help CNet drive even more of an audience as it provides consumers with one destination on television and on the Internet to find original video content, such as 'First Look from the Labs.' CNet TV will also feature special news reports from popular technology shows, such as the Consumer Electronics Show in Las Vegas.
CNet's television project isn't entirely new. The company has been working with Tivo for some time to put video-on-demand programming from the Web to the television set. That effort between the two companies was a trial run. Additionally, CNet's GameSpot, a source for gaming information, will be producing two original series for a new gaming channel called Gameplay HD. The programming includes a half-hour series of news, reviews and previews.
Apparently, investors like the news. CNet rose 2% to $14.01.
Now, while CNet takes its Web-produced video onto the television sets, big media companies, like CBS Corp, ABC and NBC are taking their coveted content and making them available on the Internet. Meanwhile, newspaper companies, like The New York Times, are getting into video in a big way.
This is not your mother's media environment.
This week...
When the big three Internet companies report this week, investors will get an indication of how quickly online advertising and commerce grew on the Web during the first three months of this year.
For the most part, analysts have suggested in notes to clients that the giants will meet or beat current expectations.
Importantly, given the increased competition from traditional media and startups as places for consumers to entertain themselves, inform themselves or to shop, investors will gauge whether the Internet companies command the premium valuation they've enjoyed in the past.
Currently, the big cap Internet companies sport a price-to-earnings growth multiple of 1.4, according to Goldman Sachs analyst Anthony Noto. This is below the historical 1.8 ratio.
As is typically the case during earnings season, Yahoo is slated to kick off the reporting period for the Net giants on Tuesday, after the close. Ahead of Yahoo's report, investors bid up shares 1% to $31.47.
Analysts surveyed by Thomson/First Call expect Yahoo to earn 11 cents a share, down 14% from 13 cents earned a year ago. The per-share expectation includes stock-based compensation expenses. Sunnyvale, Calif.-based Yahoo is also estimated to increase sales by 32% to $1.08 billion from $820 million a year ago.
EBay reports after the close Wednesday. Analysts surveyed by Thomson/First Call expect eBay to earn 24 cents, excluding stock-based compensation. That's up 19% from 20 cents a share earned in the same period a year ago. Sales are expected to climb 34% to $1.386 billion from $1.032 billion.
Shares of eBay rose .5% to $38.74.
Google shares rose less than 1% to $405.44.
Google's first-quarter results are expected after the close on Thursday, April 20.
The Mountain View, Calif.-based search giant is expected to post earnings, which exclude stock-based compensation, of $1.97 a share, up 53% from last year's $1.29 a share. Quarterly sales are estimated to grow 85% to $1.467 billion from $795 million. This story was supplied by MarketWatch. For further information see www.marketwatch.com.
CNet - whose made-for-the-Web video gadget reviews have become increasingly helpful as technology pervades consumers' lifestyles - hopes to get those video snippets in front of television viewers.
The San Francisco media company announced Monday a video-on-demand service called CNet TV, which will have distribution through Cox Communications, Tivo Inc. , and TVN Entertainment. It will launch in the second half of this year.
CNet's video streams have more than doubled in the last year, according CNet .
CNet's Web-to-TV move could help CNet drive even more of an audience as it provides consumers with one destination on television and on the Internet to find original video content, such as 'First Look from the Labs.' CNet TV will also feature special news reports from popular technology shows, such as the Consumer Electronics Show in Las Vegas.
CNet's television project isn't entirely new. The company has been working with Tivo for some time to put video-on-demand programming from the Web to the television set. That effort between the two companies was a trial run. Additionally, CNet's GameSpot, a source for gaming information, will be producing two original series for a new gaming channel called Gameplay HD. The programming includes a half-hour series of news, reviews and previews.
Apparently, investors like the news. CNet rose 2% to $14.01.
Now, while CNet takes its Web-produced video onto the television sets, big media companies, like CBS Corp, ABC and NBC are taking their coveted content and making them available on the Internet. Meanwhile, newspaper companies, like The New York Times, are getting into video in a big way.
This is not your mother's media environment.
This week...
When the big three Internet companies report this week, investors will get an indication of how quickly online advertising and commerce grew on the Web during the first three months of this year.
For the most part, analysts have suggested in notes to clients that the giants will meet or beat current expectations.
Importantly, given the increased competition from traditional media and startups as places for consumers to entertain themselves, inform themselves or to shop, investors will gauge whether the Internet companies command the premium valuation they've enjoyed in the past.
Currently, the big cap Internet companies sport a price-to-earnings growth multiple of 1.4, according to Goldman Sachs analyst Anthony Noto. This is below the historical 1.8 ratio.
As is typically the case during earnings season, Yahoo is slated to kick off the reporting period for the Net giants on Tuesday, after the close. Ahead of Yahoo's report, investors bid up shares 1% to $31.47.
Analysts surveyed by Thomson/First Call expect Yahoo to earn 11 cents a share, down 14% from 13 cents earned a year ago. The per-share expectation includes stock-based compensation expenses. Sunnyvale, Calif.-based Yahoo is also estimated to increase sales by 32% to $1.08 billion from $820 million a year ago.
EBay reports after the close Wednesday. Analysts surveyed by Thomson/First Call expect eBay to earn 24 cents, excluding stock-based compensation. That's up 19% from 20 cents a share earned in the same period a year ago. Sales are expected to climb 34% to $1.386 billion from $1.032 billion.
Shares of eBay rose .5% to $38.74.
Google shares rose less than 1% to $405.44.
Google's first-quarter results are expected after the close on Thursday, April 20.
The Mountain View, Calif.-based search giant is expected to post earnings, which exclude stock-based compensation, of $1.97 a share, up 53% from last year's $1.29 a share. Quarterly sales are estimated to grow 85% to $1.467 billion from $795 million. This story was supplied by MarketWatch. For further information see www.marketwatch.com.