At a party last night at For Your Imagination CEO Paul Kontonis introduced ‘what you’re gonna see available to advertisers in the Fall’.

New in the line-up of the web video production company is Glampede, a fashionista network launching September 1st.

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Video production veterans Len Sitomer and Adam Mosston have developed an internet-based process to simplify rough cut editing. Mosston introduces the PortalVideo solution in this promo video.

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Brooklyn-based user-generated media marketplace Cruxy celebrated its first birthday by introducing HD-PRO accounts, giving video producers the ability to sell files up to 2 gigabytes.

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Drawn by Pain creator Jesse Cowell was also interviewed on IFC.com - I kept their title, because it is hard to improve on. Jesse will present at tomorrow’s Web2NewYork.

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Film maker Jesse Cowell will introduce his successful web series Drawn By Pain at the April 15 Web2NewYork networking party at Gallery Bar.

Bogus ‘user generated company’ Slikstr was a big hit again last night at the always excellent Video 2.0 meetup.

Some even believed the company was real. ‘We’ve created a lot of confusion,’ Neovids-founder Matt Feldman said.

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CBS chief Les Moonves explained this morning at the Media Summit why he’s not joining Hulu - for now.

‘We did have an opportunity to go with Hulu,’ Moonves said. ‘We think it’s a terrific idea. We think we can accomplish the same thing by ourselves at better economic terms for us.’

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