AOL, the Time Warner owned and Dulles-based company, announced today that a new video site, AOL Video, is on it way and should be released soon (targeting August 4, 2006).
According to a recent press release, AOL is looking to be the ultimate blend of both content by offering 45+ content channels in addtion user-generated content. The site will offer a video search that blends, Truveo and SingingFish, two aquired video search technologies . The video search could be better than those offered by Google and Yahoo - it will be interesting to see how it stacks up. Check out the AOL preview screen below.
According to WashingtonPost.com report, Josh Freeman, vice president of AOL Video said:
"Over time, we think we will offer predominantly advertising-supported content."
The AOL march away from the subscription model that made them a household name goes on.
Related Article: AOL Bringing Down the Wall