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NewsClipper is a news aggregation service that brings together videos from popular news sites like CNN, the BBC, CBS, ABC, NBC, FOX, MSNBC, and ESPN. You can sort videos by network, category, most recent, or most viewed. Future upgrades will include a search box and the ability to rate the videos you watch.

You can also add videos to a playlist and create your own virtual news channel with videos from various sources. Overall, it's an extraordinarily useful little site. But if it catches on, something tells us some of the TV networks providing its source material aren't going to be too happy. That's because CNN, for example doesn't offer users the ability to embed videos on their own sites. It's not clear how NewsClipper funnels the video stream, but you can grab embed code from any video on NewsClipper and add the video to your own site.

On the one hand, most videos feature plenty of branding so you always know where the video came from. So you could view each short clip as a commercial for a TV network. On the other hand, if you viewed the video on its original page, you'd actually be viewing other ads as well, which you don't see if you stream a video from NewsClipper. And that means that we expect the site to start getting cease and desist letters any day now. But we kind of hope it happens later, rather than sooner. In a perfect world, the TV news networks would partner with a site like NewsClipper and share any advertising revenue.

[via TechCrunch]