Yahoo has been on a multi-million spending spree, investing in MyBlogLog, a social netowrking site and tracking site for bloggers, and Bix, a site which lets anyone set up their own online content (see previous post on this blog HERE).
More on the buying spree, here.
And just to keep David happy here's Movidity.....who plan to launch movy.tv in January, allowing users to upload audio or video content, which gets converted in formats for most smartphones and PCs...but like the report writer, I'm not sure that a new start up will get people using the service, rather than waiting for youtube....unless an opportunistic Mobile operator gets involved, of course.