CNN Pays Big To Showcase Free Content

Pareene · 01/18/08 05:04PM

CNN introduced their own YouTube/America's Funniest Home Videos user-generated content bonanza "iReport" last year to vague acclaim, prominent website placement, and a Sunday afternoon televised roundup. Now they've finally caved and bought the domain names "" and "" from a squatter who picked them up for $100 in 1997 and unloaded them to CNN for $750,000. All so that the nation may more easily find photos of puppies that look like baby polar bears. [Silicon Alley Insider]