APPLE issued two YOUTUBE announcements yesterday. AppleTV’s were sent a software update that added YouTube functionality, and the forthcoming iPhone will feature a special Apple-designed YouTube application. YouTube is re-encoding its entire video library in the H.264 format to reduce battery usage on the iPhone and other mobile devices. 10,000 videos will be ready in the new format for the iPhone launch.

VERIZON has reached almost 500,000 FiOS TV subscribers and over 1 million FiOS internet subscribers, according to CEO Ivan Seidenberg. During a speech on Wednesday, he said that FiOS will allow Verizon to increase broadband speeds at a faster rate than cable operators.

CBS‘s Audience Network has officially begun, with the release of CBS soaps on the net. Full episodes of The Young and the Restless, Guiding Light, and As the World Turns are available at 6 pm every evening, across a large number of web sites. Gerber will sponsor the online episodes.

VISIBLE WORLD is partnering with MTV NETWORKS to dynamically customize and target video ads across MTVN’s TV channels and web properties. Visible World’s technology will allow MTVN to dynamically target, monitor, and update video ads.

SLING MEDIA releases SlingPlayer Mobile for Windows Mobile 6 today. The update brings SlingPlayer to the latest smartphones, and allows users to watch their home televisions from anywhere in the world.

About Shelly Palmer

Named one of LinkedIn’s Top Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategy, design and engineering firm focused at the nexus of technology, media and marketing. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for Adweek, and is a regular commentator on CNN and CNBC. Follow @shellypalmer or visit or subscribe to our daily email

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"MediaBytes – 06.21.07" by @ShellyPalmer

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