UPDATE 1-News Corp, NBC plan new online video service

Newswire

(Adds details, Viacom comment) NEW YORK, March 22 (Reuters) - News Corp. and NBC Universal said on Thursday they will jointly launch an online video site this summer, in a move to compete directly with Google Inc.'s popular YouTube. The site will feature full-length television shows, movies and clips, including popular shows such as "Saturday Night Live" and "The Simpsons," and hit films like "The Devil Wears Prada" and "Borat." Yahoo Inc. , Microsoft Corp. , Time Warner Inc.'s AOL and ...

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