HBO’s
deal to air a daily TV newscast from news/documentary outfit Vice
provides the pay network with a big way to differentiate itself from Netflix -- and perhaps other networks as well.
An important revenue generation for Time Warner, HBO here expands
its media footprint, which already includes a multimedia network, digital channels, a television and feature film production studio, a magazine, a record label and a book-publishing division.
HBO had already been toying with this genre with weekly news programming “Real Time with Bill Maher" and more recently with the comedy-based “Last Week Tonight with John
Oliver.”
Vice looks to offer an alternative format for one’s daily new story consumption. According to a press statement from Shane Smith, Vice Media founder, the
deal “allows Vice the freedom to go after any story, anywhere we find it – and to do so with complete independence."
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If Vice does that, focusing on perhaps a select
few stories or a single daily story, it could shift news coverage, perhaps with a nod to what the “PBS NewsHour” had been in its earlier versions: “The MacNeil/Lehrer Report”
and “The NewsHour with Jim Lehrer.”
TV news programming can be an expensive proposition, but also a mothership for a network. Local TV stations in the U.S. still
depend heavily on their local news as a center attraction for their viewers.
So in that regard, in an increasingly a la carte TV world, HBO looks to single itself out from
would-be competitors, as future TV consumers make crucial decisions on what their few key TV networks will be in the future.