What I am reading:

Is the Internet finally ready for a live streaming video network? Jason Calacanis thinks so. Calacanis and two of his LA pals—Matt Coffin (founder of LowerMyBills, and who just launched the DailyD) and Sky Dayton (founder of Earthlink, Boingo, Helio)—just put $300,000 into Calacanis latest per project, ThisWeekIn. The original founder of Weblogs Inc before he sold it to AOL (and current CEO of Mahalo), Calacanis says he wants to do to live video on the web what he did with blogs.
“Exact same model as Weblogs Inc,” he says: “Try a bunch of different shows, recruit tons of talent and double down on big winners. It’s blogging all over again… the land grab is on!” 
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