More slick video for the Web

Another professional video site launches: My Damn Channel, featuring musician Don Was, ex-sitcom star Paul Reiser, filmmaker David Wain, and satirist Harry Shearer.

Liz Gannes of NewTeeVee calls it a clone of FunnyOrDie. (But at least they willingly acknowledge that.)

And here's the AP coverage. From the story:

My Damn Channel will syndicate its videos on other Internet sites and collect revenue from advertising. The site has already signed a distribution deal with YouTube, which is owned by Google Inc.

The site is backed by Okapi Venture Capital. The amount of the investment was not disclosed.

Jupiter Media analyst David Card said there is a growing demand for amateur and professional video on the Web.

Still, even videos from pros must find an audience, which can be difficult without an enormous amount of promotion.

''You still need to cut through the clutter and sign some major distribution deals,'' Card said.