NBC Universal sees Web video JV launch in Sept.

NEW YORK, June 14 (Reuters) - Media conglomerate NBC Universal said on
Thursday it expects a new online video venture it is building with
News Corp.(NWSa.N: Quote, Profile, Research) to launch in September.

The two companies announced the venture in March, saying at that time
it would begin operation in the summer of 2007.

The yet-to-be-named Web video outlet aims to compete for viewers with
Google Inc.'s(GOOG.O: Quote, Profile, Research) popular YouTube video
sharing site and other online video outlets under construction by
large media companies.