Gawker Media launches a video site

Despite a long-awaited economic uptick, the media industry continues to recess, but one small part of it is still growing: Gawker Media. Nick Denton's blog archipelago is expanding its footprint today with a new video site, Gawker.tv.

"The web is a visual medium," Denton says. "As a former print journalist, that's a hard thing for me to acknowledge. But that's the great virtue of the web: It's so measurable. The numbers force one to acknowledge what readers want. Actually, given what they want, I shouldn't call them readers -- rather, viewers."