Video watching is now more popular than social networking on the Internet, according to a Pew survey. While 62 percent of American Internet users watch online video, some 46 percent of those surveyed said they were active on social networking sites. 
Certainly people spend bulk of time on Facebook, but more people watch YouTube video and other video sites.

RealPlayer SP Enables Sharing and Portability of Downloaded Web Videos
Real Networks has launched a polished version of its new player, RealPlayer SP (The “SP” stands for “social” and “portable”). This version enables sharing and portability of downloaded web videos. 
Since the launching, on June 24th, it’s been used to download more than 22 million videos

HSN Launches A “Multichannel Experience” - New iPhone App. Home Shopping Network (HSN) announced this month an app for the iPhone that streams live video. The HSN Shop App lets users browse and shop the network’s catalog of more than 35,000 items. This shop has also an interactive “Shake2Shop” to pull up a random product by shaking the iPhone.
 With this app, users have the ability to view HSN live programming, throughout the U.S.
“The launch creates the e-commerce industry’s first live-video ‘3-screen experience’, enabling consumers to browse and the network’s 35,000-plus array of products from home or on the go,” says HSN.
 This app supports Apple’s HTTP adaptive streaming, which reduces buffering and other interruptions to create a great viewing experience and diminish latency.

Another interesting iPhone 3GS app is Qik. Although, it can’t stream live video (like Ustream), you can record first, then automatically upload it to the Qik site. This app only works over Wi-Fi for now.

Chinese Video Site Allows Uploaders To Charge For Access To Content
. Chinese video site 56.com launched an initiative that allows people uploading video to charge viewers for access to content. 56.com takes a 10 percent cut of sales, with the remaining 90 percent going to the users.
Even after a user pays for a video, it can be viewed for only 15 days, after which they must pay again for another 15 days’ worth of viewing.