Just recently we took a look at the various TV channel creation tools that allowed you to create both scheduled and live 24/7 TV channels.

Powerful TV creation tools were put under the spotlight by Michael Pick highlighting the ’shoot and boradcast’ live streaming abilities of uStream.tv, along with the more advanced channel creation services like Operator11 that let you mix in your web videos with live webcam broadcasts.

Mogulus - A New Contender

But the ante has just been upped by another contender, and what’s on offer is very impressive indeed. Here is a totally web-based service that will allow you to:

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Adjustables.com has announced its new advertising platform for broadband videos which it states is an entirely new form of advertising.

Adjustables claim that the uniqueness lies with the type of advert it shows. Rather than pre-roll or post-roll ads the ad-platform will overlay logos, banners, pictures, or text within videos which is similar to the video adverts which we have seen from YouTube and Metacafe.

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We got wind of an unconfirmed rumor last week that CBS was going to acquire the stock market video blog WallStrip. It has now been confirmed on the WallStrip Blog.

“Yep, CBS has made the absolute genius decision to burn through a piece of their $1.8 billion in Cash Flow to buy/own Wallstrip,” said Howard Lindzon, the founder of WallStrip.

The final value of the deal has not been disclosed although it has been said that it was not the $5 million we originally thought it was.

[Via Howard Lindzon’s WallStrip Blog]

Forrester Research recently came out with a bold claim that paid internet video downloads have no future. The report claims that paid downloads will give way to ad-supported models.

This claim waivers on one major issue: will quality internet video only be a mainly ad-supported business? And the answer is most definitely no.

The reason is mainly tied in with DVD sales and the fact that content owners will not want to switch to a questionable ad supported business when they have a lucrative DVD sales. However, they will be prepared to offer paid video downloads in addition to selling DVDs. Mike Wolf of ABIResearch is also thinking along the same lines.

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Top Stories on Web TV Wire:

• MetaCafe to Launch Static Video Ads Similar to YouTube with Adap.tv
• YouTube Clone Video Sharing Script | Build your own YouTube
• Streaming Media East Coverage & Funding News
• Google Re-trial Coming For Linking Liability

Top Stories on Web TV Hub:

• NextWebStar | Wannabe Internet Celebrity Reality Video Site
• Scientology vs. Sweeney | BBC Reporter Loses it in Scientology Interview
• Tagging Videos to Make Your Own TV Channel

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Much like the situation in many schools the Pentagon decided to ban a variety of sites from the military including Metacafe, YouTube, iFilm, StupidVideos, FileCabi, Photobucket MySpace, BlackPlanet , MTV and more.

YouTube has now challenged the ban and is now working with the Pentagon to encourage them to remove the block.

YouTube’s CEO Chad Hurley said:

"They said it might be a bandwidth issue, but they created the Internet, so I don’t know what the problem is."

I just noticed that Google is integrating video thumbnails into its regular search results. It is doing this for video clips from select sites (pictured above).

Video sites that seem to get a thumbnail are:

• Yahoo Video
• MetaCafe
• YouTube
• Google Video
• MySpace
• Vimeo

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