Facebook’s 16 million users can make consumer generated videos, and then share them via ziddio.com (which is part of Comcast). Then between Facebook and comcast, they will select some clips to create 10 episodes called the Facebook Diaires. These episodes will be broadcast on Facebook, Ziddio and within the Comcast Video-on-demand.
Perspective: This is a good example of convergance of TV and niche content.
Whether the deal is the first of many for these 2 partners remains to be seen, but I can imagine News Corporation doing something similar with Fox and Myspace around niche content. Backpacking is an example where consumer generated travel stories get compiled into a series.