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GlobalTV uses machine translation of the closed captioning text to produce subtitles in Spanish, French, German, English, Portuguese or Italian.
CNN: Speech tech comes to TV, handhelds
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Matrox PC-VCR 2.0, the included software used for TV recording, includes the capability to search for specific video using keywords in closed-captioning, as well as create text transcripts of shows.
CNN: New graphics card mimics VCR
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They analyzed the full text of words said in shows like CNN Headline News by using the closed-caption transcripts.
FORBES: co-founder Sergey Brin