Los Angeles - Internet TV network Revision3 announced on Wednesday that it has signed a deal to syndicate its original content on video site Revver. Revver will share ad revenue with Revision3 generated by shows such as "Diggnation" and "The Totally Rad Show."

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

The week started with a bang on news that Yahoo Inc’s (NSDQ: YHOO) board rejected Microsoft Corp.’s (NSDQ: MSFT) unsolicited $44.6 billion offer for the company.

Los Angeles - Confirming earlier rumors, video-sharing site Revver has been acquired by LiveUniverse, a company launched by former MySpace parent company Intermix Media's founder Brad Greenspan, according to reports from NewTeeVee and CNET News.com. While terms of the acquisition were not disclosed, News.com reported earlier this month that the struggling Revver -- which had seen the departure of all of its founders, and its staff cut in half -- was asking for only $300,000 to $500,000, plus the assumption of about $1 million in debt.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

In the days following Microsoft’s (NASD: MSFT) announcement of its unsolicited $44.6 billion takeover bid for Yahoo (NASD: YHOO), much of the news focused on the battle between Google and Microsoft to color the other’s motives as anti-competitive. As reports surfaced that Yahoo may try to avoid being acquired by Microsoft by giving control of its search advertising to Google in exchange for a large revenue share (although nothing has made public by either Google or Yahoo on this), Microsoft reportedly began lobbying government officials to block any such deal between the two on antitrust grounds setting the stage for what is likely to be a long and public battle between Google and Microsoft over control of the Internet.

San Francisco - Video-sharing site Revver, which has raised a total of $12.7 million in financing to date, is now reportedly seek a sale of the company with an asking price of just $300,000 to $500,000, plus assumption of about $1 million in debt, CNET News.com reported, citing two sources with knowledge of the negotiations. Former employees told CNET the company's staff has been more than halved over the last 18 months.

Let’s play a game. I’m thinking of a company that identifies talented people who can produce great content that attracts an audience. This company then pays these content producers to publish their content, with the aim of growing a large audience for that content and creating an editorial environment that will be attractive to advertisers.

Los Angeles - Video-sharing site Revver announced on Thursday that it has now paid out a total of $1 million to video creators and sharers on the site, with whom the company shares a cut of its advertising revenue. The company launched its service in September 2006, and was one of the first sites to share ad revenue with posters; fellow video-sharing site Metacafe does the same.

Atlanta - Intent MediaWorks, a distributor of licensed media content and advertising on peer-to-peer networks and other platforms, on Wednesday announced a strategic partnership with video-sharing site Revver, that will see the companies distribute each other's content online. Revver said it will be the first online video company to distribute user-generated videos on peer-to-peer networks. Intent will create multiple channels on Revver, populated with music videos and other content from artists represented by Violator Management, Nettwerk Music and others. Like others posting on Revver, Intent will receive a share of ad revenue generated by its content.

New York - Verizon announced on Thursday an agreement with video-sharing site Revver, to offer user-generated videos from Revver for free to its FiOS TV and consumer broadband customers. Revver content is slated to launch on Verizon's Surround broadband entertainment portal by the end of the first quarter, and on FiOS TV later this year.

San Francisco - CNET News.com reported on Thursday that sources say both Microsoft and video compression developer DivX have recently met with video-sharing site Revver, with eyes toward possibly acquiring the company.

London - The BBC reports that YouTube plans within several months to introduce a means of sharing ad revenue with the creators of the thousands of videos it hosts.

Google might have liked YouTube, but Revver might be more valuable.  The company splits the ad revenue from a piece of content 50-50 with its creators, and is adamant about prohibiting files that violate copyright laws.  If I'm a content creator, I'm all over that site right now.  The more popular it becomes the more potential money in your pocket.