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Tuesday, July 12, 2005

CBS to Create Internet-Based News "Network"

CBS plans to develop a 24-hour, on-demand online news service that will provide video streaming over the Internet. According to Larry Kramer, president of CBS Digital Media, CBSNews.com will become the primary platform of CBS News, possibly eclipsing its radio and even television presence.

"This major expansion of CBSNews.com is designed to capture an audience that is increasingly looking for news and information at all times of the day, not just during scheduled periods, and using the Internet for that purpose," said Kramer in a press release. "Every component of this re-launch -- including greatly enhanced video streaming capabilities, more on-demand features and greater participation from the CBS News correspondents and producers who will also be reporting directly for the Web -- will dramatically improve the content, delivery and navigation of the Web site."

Source: Raw Story