MetaCafe Grabs Action Sports Without Paying a Penny

The online video shakeout is happening, though not as quickly as you might have thought two years ago: Instead of going away overnight, video sites that aren’t YouTube or Hulu are quietly circling each other. Everyone talks to everyone about a potential deal, but few of them actually get consummated. Here’s one that did.

Surf’s Up? News Corp. Mulling Sale of “Action Sports” Channel Fuel TV.

News Corp. is reportedly interested in purchasing the Travel Channel from Cox for something like $800 million. Here’s one way to help pay for a small piece of that deal: Sell off Fuel TV, its modest surf, skate and snowboard-themed cable channel.
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