For the past six months ITN Source and digital entrepreneur Matt Heiman have been working on a new site for some of the weirder and more obscure videos in ITN’s catalogue. Launched today, Diagonal View takes this quirky content and syndicates it to other online partners such as MySpace, YouTube and MSN.

‘The archive is extremely rich in video content that online users are only too keen to watch,’ says Heiman who has founding shareholdings in JustGiving.com, Mobix Interactive and mySapient. ‘We’re looking forward to delving further into the library and partnering with other multimedia platforms in taking our business forward.’

The launch of this joint venture is a key component of ITN Source’s digital growth strategy which also includes the relaunch of itnsource.com with full e-commerce download functionality and the launch of ITN Source Clips on Demand, the first collection of broadcast ready video clips available for purchase and download online.

‘Diagonal View is the first online platform in the commercial archives industry that is delivering content directly to the end consumer,’ says VP and managing director at ITN Source North America Ian CheeWah. He feels the popularity of the site and the channels on other video sharing sites makes this platform a potentially strong revenue stream for ITN Source.