S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Media

NBC Gets Into Cell Phone TV

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

About once a week a traditional media company announces that its programming will be available in planes, trains, and automobiles. The latest launch is NBC’s (GE) new on-demand shows which will be available through MobiTV, one of the players in the phone video delivery market. Verizon (VZ) is starting a similar business with Qualcomm (QCOM), and so is everyone else.

Within a year, it is safe to assume that most major wireless companies here, in Europe, and in Asia will offer TV. Some will be live and some on-demand.

But, several surveys have shown that the up-take of these services will be about 10%. For example, The Yankee Group found that only 11% of Europeans were interested in getting video on their phones. Once people were asked to pay a premium, the number dropped further.

So, the market will probably end up being fairly small with dozens of services vying for a few consumers.

NBC, are you watching this?

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

A 71-Year-Old's $850,000 Home Is Her Biggest Retirement Asset. Downsizing Could Add $2,250 a Month
Drew Wood |

A 71-Year-Old's $850,000 Home Is Her Biggest Retirement Asset. Downsizing Could Add $2,250 a Month
Why The Money Guy's 25% Savings Rule Actually Starts at 15%
Ian Cooper |

Why The Money Guy's 25% Savings Rule Actually Starts at 15%

Continue Reading

This Is What People Like the Most About Video Streaming Services — And It’s Not Binge-Watching
Paul Ausick |

This Is What People Like the Most About Video Streaming Services — And It’s Not Binge-Watching

Customer satisfaction with a variety of telecom services like streaming video and cable/satellite TV remaining near historic lows, ranking barely…
Douglas A. McIntyre |

Cable’s High Water Mark?

Over the last year, shares in Comcast (CMCSA) are up 50%. Charter Communications (CHTR) have risen over 200%. Time Warner…
Douglas A. McIntyre |

Apple (AAPL) May Join Studios for VOD, Phone Companies Cower

Apple (AAPL) is getting close to a deal that would allow consumers to rent films from major studios through a…
Paul Ausick |

Nokia’s Last Phone?

Microsoft Corp.In a press release issued at 3:01 a.m. Monday morning, Microsoft Corp. (NASDAQ: MSFT) announced the first — and…
Douglas A. McIntyre |

Comcast Offers Streaming TV for $15

In a move that is a surrender to current media consumption trends, Comcast has begun to offer streaming TV for…
Douglas A. McIntyre |

The New iPhone And The Dawn Of Video Calls

The first attempts to market video phones are now 30 years or more old. They were run on residential landlines,…
Douglas A. McIntyre |

Cell Phones And Connections Faster Than Lightning

People in the wireless industry have been talking about what will replace 3G networks in the next two or three…
Douglas A. McIntyre |

Comcast (CMCSA) Turns On The After-Burners

Revenue at Comcast (CMCSA) grew 14% in the fourth quarter to over $8 billion and operating income was up 20%…
Douglas A. McIntyre |

YouTube’s Effort To Get Mobile

Stocks: (VZ)(NWS)(CMCSA)Verizon and Google unit YouTube are in talks about putting video content onto cell phones. The service would be…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618