News

In a Word

Published on June 28, 2007
by Kara Swisher

no

In this post on his NewTeeVee site, Om Malik said organizers of the still-in-the-planning-stages joint venture between NBC Universal and News Corp. are making the rounds, trying to raise $100 million for the online video service designed to counter the growing power of YouTube.

That puts the valuation of the still-unnamed project at $1 billion.

Is it worth that much?

Hmm. Let me think. Hmm.

No.

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