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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!

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To: HPilot who started this subject7/1/2001 7:44:08 AM
From: Thomas Kirwin  Read Replies (3) of 4169
 
WWF Goes For Takedown With Broadband

The World Wrestling Federation wants to put the smackdown on the slow rollout of broadband Internet.

World Wrestling Federation Entertainment Inc. plans to put broadband video-on-demand programming online soon to drive adoption of high-speed Internet services.

“If we provide the content at broadband speeds, we incentivize people to get broadband connections,” said Gerry Louw, WWF’s chief technology officer. “We’re saying, “Let’s create the industry. Let’s give people a reason to get broadband.”

WWF executives are now in talks with potential technology partners to provide live and pre-recorded video on demand. The Stamford, Conn., company hopes to do a trial of the technology by year-end, Louw says.

WWF has a history of using new technology, including cable TV, pay-per-view and the Internet, and creating new business models, he says. WWF’s web site already serves up 8.3 million low-bandwidth video streams a month to its hard-core fans.
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