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Video Posters Reap $1M in Revenue-Sharing From Revver (USAT)
Revver will announce today that it has paid $1 million to more than 25,000 people who have posted their work since last September, or added Revver video links to their blogs and Web sites. The biggest paycheck — $50,000 for 15 clips — went to two guys from Maine who inserted a Mentos mint into a bottle of Diet Coke and watched it explode.

Why the Media Revolution Is Only Just Beginning (Marketwatch)
David Callaway: Back in 1987, it was widely assumed that newspapers were dying. The post-Watergate rush to become a reporter was over. Circulations were down. And new technologies were threatening. At one point, the hot new thing was to deliver news by fax machine, and papers were going to die because readers would be able to get news quicker by fax. They would even be able to tailor the type of news they wanted to receive. Imagine that?

The Unbearable Lightness of Quirk (The Atlantic)
Michael Hirschorn: We're drowning in quirk. As an aesthetic principle, quirk is an embrace of the odd against the blandly mainstream. It features mannered ingenuousness, an embrace of small moments, narrative randomness, situationally amusing but not hilarious character juxtapositions, and unexplainable but nonetheless charming character traits. Quirk takes not mattering very seriously.

Obsessive Britney Spears Fan Lashes Critics, Tabloids in YouTube Vid (NYDN)
A tearful but hilarious tantrum posted online by an obsessed fan of Britney Spears is proving to be a bigger hit than the singer's Las Vegas letdown. The two-minute video featuring young fanatic Chris Crocker sobbing and screaming at the camera has been viewed more than 2 million times and has received more than 30,000 comments since it was posted on YouTube on Tuesday.

L.A. Block Renamed 'Larry King Square' (AP)
A city block that surrounds a CNN building in Hollywood has been named after the cable network's talk show host Larry King. The City Council voted Wednesday to rename the block "Larry King Square" in recognition of King's 50 years in broadcasting. King, who started his career at a Miami radio station in 1957, hosts CNN's longest-running interview program, Larry King Live.

Tom Freston Joins Veoh Investors (Hollywood Reporter)
Former Viacom president and CEO Tom Freston has joined a growing list of investors in Internet TV service Veoh Networks, the company said Wednesday. Freston, who left Viacom a year ago, took part in the company's Series C funding, which closed last month, via his Firefly3 LLC firm.

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