Vid-Biz: ScanScout, Engine Room, MySpace

ScanScout Gets New CEO; nine months after the last chief exec left, video ad company brings in About founder Bill Day, and moves co-founder Waikit Lau back to president. (AdWeek)

Engine Room to Premiere Sept. 15; new MTV reality show about making digital art will be released online and TV and will be heavily sponsored. (New York Times)

MySpace Does Direct Upload; adds feature that YouTube has had for a while already, in which people can shoot from their webcams straight to the site (this is different than live video). (release)

Time Warner: Digital Not Cannibalizing DVD; TW CFO John Martin says economics are getting better for film studios with VOD and digital sales. (Hollywood Reporter)

TiVo Launches YouTube Channel; new Badoop Badoop Show premieres next week to promote content and tips. (Zatz Not Funny)

YouTube Updates Community Guidelines; spells out rules on topics like “sex and nudity,” “hate speech,” and “shocking and disgusting,” all of which have long been banned on the site. (YouTube Blog)

Citi Lowers Price Target on Akamai; now at $21 based on market conditions; interesting given Akamai just spoke at a Citi conference last week. (report)