A HANDFUL of Web users are programming their own virtual TV newscasts and eclectic collections of video clips using a free media-sharing tool called Webjay . The site makes it easy to build, share and watch playlists of audio and video links culled from around the Internet. Webjay, developed by Lucas Gonze, a programmer who lives in Brooklyn, has already built a following among music lovers. They have used it to assemble sets of legally available music links from all over the Web and then play the whole list with one click, using Windows Media Player, RealOne, Winamp or QuickTime. Now some people are creating video shows using Webjay and streaming Web video. ...Webjay may eventually face a backlash from record labels and TV networks, but Mr. Gonze maintains that the site is legal because it assembles the Web addresses of media files rather than storing or transmitting the actual files themselves.
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