Endemol is investing EUR 30 million in premium internet video channels

Endemol Beyond

Famous television production company Endemol is expanding its business into online video with a serieus investment of EUR 30 million. With this investment, it will create a series of premium channels within main video portals like YouTube,Yahoo, AOL, MSN and Dailymotion.

The new venture is called Endemol Beyond and aims to accelerate current online video productions in countries like the US, the UK, Germany, France, Italy and Spain but Endemol Beyond will also invest in original productions and work together with brands to create new channels.

Currently, Endomol has already launched over 100 YouTube partnering with global brands like YouTube, Yahoo, McDonalds, Sony Music and Mazda.

Alibaba goes Smart TV

Alibaba

Alibaba, the Chinese e-commerce giant run by the infamous Jack Ma and is still partly owned by the American tech company Yahoo, is expanding into Smart TV according to the Wall Street Journal.

The technology company is introducing both a Smart TV operating system and a set-top box in an attempt to turn coach potatoes in happy customers.

Alibaba already has a massive e-commerce presence in China and a payment infrastructure called Alipay that facilitate half of the online payments made in China already. Together with the new Smart TV infrastructure, this could be a powerful combination.

The Smart TV’s are to be developed together with Skyworth Digital Holdings Ltd., Sichuan Changhong Electric Co. and Qingdao Haier Co. And the set-top box is developed with Wasu Media Holding Co.

So far, no prices or specific release dates have been announced, but expect more news on this in the coming months. Maybe Alibaba will show something at the IFA at Berlin coming September.

YouTube competitor Dailymotion brings VEVO to Europe

Dailymotion

French online video platform Dailymotion is extending their current partnership. Users in France, Ireland, Italy, Spain and the UK now also have access to the extensive music video library of VEVO.

Great news of course for the music lovers in these countries, but a little peculiar since Google, the owner of YouTube, is rumoured to have a stake in VEVO of around 7 percent. Also, Yahoo, still seen as a Google competitor, was close to taken over Dailymotion and might try to make a move again.