News Corp. Announces Online Video Plans

Fox Interactive Media (FIM) and Twentieth Century Fox announced a multi-year agreement to provide feature films and television shows on a download-to-own basis across the FIM network.

IGN Entertainment will be the first FIM property to offer a selection of on its Direct2Drive site in October 2006 with additional FIM properties including MySpace.com to come.

Initially, FIM will offer films from Twentieth Century Fox including new releases, made-for-TV movies, direct-to-video releases and select content from the Twentieth Century Fox film library on IGN's Direct2Drive site. The site will also offer current television series from various Fox entities such as Twentieth Century Fox, Fox Broadcasting Company, Fuel TV, Speed, and FX with a selection of shows available within 24 hours of initial broadcast.

Purchased movies and television shows will be immediately transferable to Windows Media compatible portable devices providing users with a convenient way to take the video content with them on the go. http://www.newscorp.com