"ABC is hoping to reinvent the newsmagazine for the YouTube generation with a show produced by ABC News but based on user-generated video," Variety's Michael Learmonth reveals.

Hosted by Bill Weir, the hour-long "i-Caught" will get "a six-week run on the network starting Aug. 6 and then return midseason to replace 'The Bachelor' on Monday nights."

David Sloan is the EP. He "said the show will take on a wide breadth of potential stories, including breaking news; celebrity journalism; investigations; and stories of politics, crime, Internet hoaxes or just the moments of everyday life." More...