Endemol Buys Into MoMedia, the European company that produces Big Brother and Deal or No Deal has acquired a 25 percent stake in mobile and online video startup MoMedia. (paidContent)
ESPN Soliciting Fan Promos; the sports station wants fans to produce and upload promos for their favorite team; competing fan promos will run before every Monday Night Football game. (Broadcasting & Cable)
Mobile Users Not Watching Much Video, at least according to a report from Continental Research, which found that few people are spending money on features such as video streams and clips that go beyond those aimed at communication (cellular news)
Newspapers Embracing Video, with declining ad billings and circulation, 92 percent of U.S. newspaper Web sites are now offering some video, according to The Bivings Group. (eMarketer)
Essence Producing Original Programming, the Time Warner-owned magazine marketed primarily to African-Americans is now developing new shows intended for mobile, online and television distribution. (Advertising Age)
Patrick Norton Joining Revision3, the popular DL.TV and TechTV personality is officially an employee of the online video production startup, confirming rumors. (This Week in Tech)
{"source":"https:\/\/gigaom.com\/2007\/08\/20\/monday-afternoon-vid-biz-headlines-2\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_7852934d7df1ae086f837a5491aff2cc","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}