05/06/2008 05:12 am ET Updated May 25, 2011

Old TV Shows Find New Homes On The Web

Is there still money to be made from "Matlock"?

Within the last few months, television distributors have opened up their libraries of classic content online, making thousands of episodes of programs like "The Twilight Zone" and "The Mary Tyler Moore Show" available free.

On Monday, Warner Brothers is expected to add a new twist, announcing the rebirth of the WB broadcast network as an Internet destination and offering programs like "Everwood" online.

In putting old episodes online, broadcasters are tapping into the "long tail" of niche content that the Internet has monetized. While executives are reticent about the costs involved, and while syndicated and DVD sales remain dominant sources of revenue, the repurposing of long-dead shows is creating another new revenue stream for distributors.

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