Just had a long conversation with a mate of mine who is just setting up the following web site http://mycitylifestyle.tv
It will eventually have content from all over Australia and if you are visiting a place, you type it in to see what's to see and do in the place,
his potential income model is 1) production costs - charge 1000 per advertiser 2) 500 per advertiser and 2 cents for each click they get 3) they provide the 90 second spot and he gets 10 cents per click. He said there has been some resistance to charging a monthly fee - so he's following his 3 point model until he gets the site established and will then move to a basic $1,000 per anum plus an agreed click fee. Plus space for advertisements around the site.