Blockbuster Looking To Venture Into Online TV Market

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News reaches us that former top video rental company Blockbuster is looking to venture more into the online tv market and compete with sites like Hulu.
Blockbuster already dabble in the online movie market with their blockbuster set-top box free if you pre order movies deal and movies on demand via Tivo
The CEO of Blockbuster, Jim Keyes commented that the company is interested in a "more robust TV offering" that could look like Hulu. Without naming names, he said he might consider a partnership to make such a thing occur.

Blockbuster Going Online?
He also said that Blockbuster would consider a couple of digital subscription services, one targeting children and the other targeting Spanish language consumers. They are also looking at becoming some sort of player in the distribution of original films.
He made the remarks during a Q&A session at Citi's Global Entertainment, Media & Telecommunications Conference in San Francisco. Before that, his prepared remarks focused on ongoing efforts to ward off competition from Netflix and Redbox and on Blockbuster's intention to delve deeper into video games.
Blockbuster sure need to do something soon to compete with Netflix and Redbox rivals who are trouncing them from different angles. The very future of Blockbuster may rest on it.

The BBC's catch up tv service, iPlayer has had a happy christmas showing record breaking figures for the month.

iPlayer Record Viewing Figures
The corporation revealed that shows on its online tv service streaming both TV and radio content were shown over 100 million times during December 2009. This compares to the previous record which had an average of around 80 million streams.
The Christmas schedule, climax of the last season of Gavin and Stacey and Terry Wogan's final radio broadcast on BBC Radio 2 were thought to be key factors in the figures.
During the last week of December there were 17.3 million requests just for for TV, a new record for TV show requests during a week period, the BBC revealed.
Erik Huggers, director of Future Media and Technology at the BBC said: "Breaking the 100 million barrier is a great way to kick off 2010 and these figures show that by offering simple and varied access to BBC iPlayer people are really finding it easy to catch up with their favourite programmes at a time that suits them.
"I expect more people to start using the service as we continue to make it more widely available and I'm looking forward to some of the new innovations we have coming to the service later on in the year," he continued.
The BBC like Hulu and Youtube are leading the online tv revolution around the world, thanks partly to the many new features they keep adding such as iPlayer on your tv app.

Youtube has always been a bit of a funny animal, everyone knows about it and watches videos on it - yet it loses money hand over fist. But now it looks like the promises of last year from Google that Youtube was very close to becoming profitable may actually happen.

Youtube To Make Hay in 2010
Barclays analyst Douglas Anmuth predicts this year. He forecasts that the video giant will see revenue jump 55% to $700 million, in 2010, and that it will "start contributing positively" to the Google's earnings.
There are many reasons why the wind is a changing, Youtube is a giant of a site that blows away any competition online, but it is now becoming more sophisticated about advertising.It has also made many changes over the last year including a watch Youtube on TV app , deal to show Channel 5 shows on Youtube
It's very difficult to guess how many pages/views Google is selling and how much it gets for each one. It's also tricky to figure on how much Google is spending to serve more than a billion video streams a day. So at best, this is an educated guess.
Knowing how shrewd Google are though, it is hard to imagine they would sink so much cash buying something unless they knew there would be a big return.