56.com Raises $20M; Chinese video-sharing site hopes to emerge as the YouTube of China, where no one player is dominant yet. (VentureBeat)
MovieBeam Shutting Down; Movie Gallery confirms that it will discontinue the set-top box download service that it acquired earlier this year. (Video Business)
The L Word to Premiere on the Web Before TV; lesbian social networking site OurChart to get the season opener a week before Showtime. (Variety)
Bargain TVs Not as Prevalent This Year; prices have stabilized, and there is no longer a glut of flat-screens. Don warned you. (The Wall Street Journal)
Videos Taken of Assaults Pose Problem for Police; investigators grapple with questions over whether incidents caught on tape and broadcast on YouTube are real or staged. (The New York Times)
Television is a great strength in our time. Many children are watching television in childhood form the mental image.