The Street reports that AOL plans to jump on the Internet video download business by the end of 2006.
AOL, which already has one of the largest video libraries on the Internet, is in discussions with broadcast and cable networks about allowing their content on its site, says Kevin Conroy, AOL's executive in charge of video strategy.
He wouldn't elaborate further. AOL will allow downloads to personal computers and would like to enable people to use its service to interact with Apple Computer's popular iTunes site if Apple will permit it, he says.
Pricing details for the service are still being worked out and Conroy wouldn't divulge the names of any of the companies that are in discussions with AOL. He said content providers won't limit their Web distribution to AOL.
AOL could offer Time Warner content from HBO, WB, TNT, TBS and the Cartoon Network to name a few. A list of AOL Time Warner owned businesses can be found here.
