Discovery and Eric Schmidt Back Tapp, Platform for $10-Per-Month Web Video
Posted in: UncategorizedFormer TV executives Jeff Gaspin and Jon Klein are starting an online video service with backing from Discovery Communications and Google Executive Chairman Eric Schmidt.
Called Tapp, the service will feature long and short-form programs on channels tied to specific interests such as sports, politics and faith. Each channel will cost about $9.95 a month, with discounts for annual service, Mr. Gaspin, former chairman of NBC Universal Television, and Mr. Klein, ex-U.S. president of CNN, said in a joint interview.
The new network will join a growing list of options for consumers to watch video online, including Netflix, Amazon Prime and the new WWE Network from World Wrestling Entertainment. Former Fox News host Glenn Beck operates The Blaze TV, a $9.95-a-month internet-based subscription service.
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