Doomed? No way! They'll get the very best consultants money can buy to build an enterprise solution that will leverage their strategic advantages.

It'll be enterprise!! It can't possibly fail, and I'm sure they have the powerpoints to prove it.

(having worked for banks/government... I can imagine how the $100 million will be spent... and I can only laugh).

lol, I can picture it as well... it brings to mind that memorable quote from the movie Contact:

"What's the first rule of government spending...? Why buy only one when you can have two for twice the cost?"

This entire venture feels like the startup equivalent of Gigli: it seemed ridiculous before it was released, and even more ridiculous afterwards.

This is where NBC and Fox's content is going to be available online, so this company with no name will not be going away, unless it collapses before the launch. In the long term, the advertising revenues from NBC and Fox's online video should be very respectable.

As long as the shows are free to watch, it won't be a disastrous failure because there aren't many places to easily and legally watch online network TV. The best way to compete with piracy is to give your media away. If they insist on charging for everything, it'll fail.