Time Inc.’s Sports Illustrated will launch a new video-on-demand cable channel, SI On Demand, that will reach 7 million Time Warner Cable homes, writes Mediaweek. Time Inc. also plans to launch Time Inc. Studios, a new unit that will produce video content for its magazines to use in order to grow the company’s group of TV and digital platforms.
The moves are part of an initiative to place more emphasis on digital, says John Squires, an executive vp with Time Inc., in the article. He says that nearly all of the company’s brands will begin using the new studio for video content for websites or for other VOD launches.
Paul Speaker, former independent film producer, will act as president of Time Inc. Studios.
The Sports Illustrated channel will feature mostly short clips such as the making of the magazine’s Swimsuit issue and instructional golf videos from Golf magazine. Down the road, it will launch original video content from the new studio.
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