In an effort to take down YouTube, NBC Universal and News Corp. (who owns Fox) are teaming up to create its own online video site. Today the partnership announced that Oxygen, Fuel TV, Speed Channel, Sundance Channel ,and the TV Guide Channel are the latest content providers to sign distribution deals with the video joint-venture – expected to debut this summer. The still-unnamed site has inked content pacts with almost 20 networks and TV and movie studios so far.
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