How Could CNN’s New Broadband Product “Turn The News Business Upside Down?”

An anonymous tipster sent the following message on Sunday: “The CNN.com video project is even bigger than you think. Some very respected people are being hired for the remaining positions in CNN’s internet division, and the product will launch by the end of the summer. It’s like nothing you’ve ever seen, and if successful, it could turn the news business upside down. No hype, no exaggeration.” So is this tip legit? It sounds great, but let’s hear the details! How could it turn the news biz upside down?…

> Update: 7:50pm: “From what I’m hearing, CNN.com will basically have its own, live cable news network, almost entirely separate from regular CNN,” another tipster says. “This is just hearsay, but look for a promotional campaign to begin — the buzz is that there’s a heavy load of cash behind this thing.”