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	<title>Pulse2 Technology and Social Media News &#187; WallStrip</title>
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		<title>How To Waste $5 Million: Buy WallStrip And Then Shut It Down</title>
		<link>http://pulse2.com/2009/01/08/how-to-waste-5-million-buy-wallstrip-and-then-shut-it-down/</link>
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		<pubDate>Thu, 08 Jan 2009 21:03:04 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[CBS]]></category>
		<category><![CDATA[CBS Corp]]></category>
		<category><![CDATA[CBS Corporation]]></category>
		<category><![CDATA[WallStrip]]></category>

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		<description><![CDATA[WallStrip is one of the cheesiest video programs on the Internet right now.  In October 2008, one of the last clips that WallStrip made a &#8220;Happy 2 Year&#8221; video.  When blowing the candle on the cake, one of the hosts &#8230; <a href="http://pulse2.com/2009/01/08/how-to-waste-5-million-buy-wallstrip-and-then-shut-it-down/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>WallStrip is one of the cheesiest video programs on the Internet right now.  In October 2008, one of the last clips that WallStrip made a &#8220;Happy 2 Year&#8221; video.  When blowing the candle on the cake, one of the hosts wished for another successful season of WallStrip.  It turns out that this wasn&#8217;t going to happen.</p>
<p>&#8220;A source familiar with the situation says that Wallstrip owner CBS Interactive plans to &#8220;take the DNA from WallStrip and apply it&#8221; to fellow CBS property BNet. No word on if that DNA includes current WallStrip host Julie Alexandria, or past host Lindsay Campbell (whose subsequent CBS show MobLogic also hasn&#8217;t published since Dec. 12),&#8221; according to Portfolio.</p>
<p>CBS Corporation (NYSE:CBS) acquired WallStrip for about $5 million in May 2007.  Angel investors in WallStrip include Fred Wilson and Howard Lindzon.  The last episode of WallStrip was called Auto Bailout and was launched on December 12.</p>
<p>[via <a href="http://www.portfolio.com/views/blogs/market-movers/2009/01/07/blogonomics-wallstrip-goes-from-5-million-to-zero?addComment=true">Portfolio</a>]</p>
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