Tuesday Morning Vid-Biz Headlines

Your Truman Show Opens Up Beta; we had given you an early preview of the site last month. (site)

CinemaNow Relaunching Music Video Sales; $1.99 and full of DRM, seems pretty backwards at this point. (the Associated Press)

Heavy.com Geo-targeting Ads; video site to use IP location to serve locally relevant advertising with Digital Element’s technology. (release)

YouTube Considering Chinese Version; co-founder Steve Chen said the company may localize while speaking in Taiwan over the weekend. (Taipei Times, analysis at Web TV Wire)

Odeo Sold Again; podcasting startup’s new owner SonicMountain bought by The Amergence Group. (release)