Babelgum Revamps its Interactive Broadband Video Service

–Company Commissions its First Film

Babelgum–a company that operates a service it describes as an
“interactive Web TV portal” featuring ” only professionally produced
content spanning film, news, sports, documentaries, music videos,
concerts, lifestyle and trends, animation and scripted programs”–last
month launched a new version of its platform that includes a
completely redesigned interface and various Web 2.0 features and
social-networking tools. [...]

Major Studios Announce Plans for Premium VOD Service

Earlier this month, Viacom, its Paramount Pictures unit, MGM Studios
and Lionsgate announced that they have formed a joint venture that will
launch a premium VOD service and linear-TV channel in the fall of
2009. According to the companies, the venture will have access to
Paramount and Paramount Vantage titles released theatrically on or
after January 1st, 2008, and MGM, [...]