STEVE INSKEEP, host: On Mondays we focus on technology, and today a possible rival to YouTube. Four major media corporations are reported to be talking about joining forces to create a video site to compete with the top video-sharing Web site, YouTube. Fox, Viacom, CBS and NBC have been meeting on the subject since the beginning of the year, according to the Wall Street Journal.</s>STEVE INSKEEP, host: Google purchased YouTube this fall for more than $1.6 billion in stock.
YouTube is phenomenon on the web right now. But a group of major media companies may soon launch a competing video site. Fox, Viacom, CBS and NBC have been meeting on the subject since the beginning of the year, according to the Wall Street Journal.