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NBC, News Corp Join to Create YouTube Clone 126

Brett writes "It's official: NBC Universal and News Corp have announced their plans to create a video sharing site of their own. The joint venture will features both TV and movie shows in full length, including episodes of '24,' 'My Name is Earl,' and movies like 'Borat.' The plan is to also syndicate content on other portals like MSN, MySpace, and Yahoo! It's unclear how YouTube's previous deal with NBC relates to this, but it's clear that the major players are now shunning YouTube."

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