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"Is there room for another social network? A new startup, Pheed, certainly hopes so.\nPheed is trying to court users of Twitter, Facebook, Instagram, Pinterest. And it's got some powerful friends. Celebrities like Miley Cyrus, Paris Hilton and David Guetta have already signed up for Pheed. Since soft-launching last week, more than a million users have signed up for the new service.\nPheed is the ultimate \"mashup\" of other sites, says Pheed cofounder and CEO O.D. Kobo. Kobo and his team \"cherry-picked\" what they liked best of their social media predecessors, and left out what bothered them, creating in Kobo's opinion something both significant and simple. \nThe site features a Facebook-inspired \"timeline,\" trending topics ala Twitter, and the ability to easily incorporate photos, videos, audio and even live broadcasts into posts. Pheed allows users to \"rate their channel\" marking them as PG-13 or R based on the content you plan to produce. You can even share your \"pheeds\" back to Facebook, Twitter or any other blog. \n\nSEE ALSO: New Twitter API Drops Support for RSS, Puts Limits on Third-Party Clients\n\nMonetizing Social\nMore than just social features, Pheed also has a business model by way of an optional paywall.\nPheed's concept is based on offering premium content. Pheeders have the ability to apply a month subscription fee ($1.99 to $34.99 per month) to their streams or users can charge on a pay-per-view basis ($1.99 to $34.99). Pheed takes 50% the content's revenue and the user takes the rest. \n\"The next step up of the [social media] evolution includes monetization to users,\" Kobo tells Mashable. \"It's not fair that just platforms make money for content. The content creators need to have a fair playground.\" \nKobo says everyone from celebs to high schoolers have something to gain from the premium option. A famous singer or a high schooler in a band, he says, can charge to broadcast a concert from their living room. Even if the high schooler only makes a few hundred bucks, Kobo says, it could mean a lot to them. \nThe premium content is only an suggestion, not a requirement of the site. It's something Kobo says he hopes will only take off once Pheed has gained \"critical mass.\" He thinks charging for content is a huge responsibility which he doesn't want users to exploit until they've really mastered the power Pheed offers. \nAnd when that happens, Kobo hopes that Pheed will be the answer to the Internet's white noise. The need for a content filter is what drove Kobo's startup, he says, believing that if money becomes a part of the process, there is a better chance to increase the quality of information coming through social media streams.\nThe site has gained about a million users since its soft launch last week and with the app dropping later this week, it is poised to draw in a big crowd in the days to come. \nKobo says mobile advertising will also be another focus of attention for revenue. \n\"Our business model is based on the long tail,\" Kobo says. \"We don't want to be like other platforms that get to 15 million/20 million users and then go round and round looking for money to raise.\"\nWill This Work\nAlthough charging for access to a network isn't unheard of \u2014 App.net requires users to pay in order to use the service (though non-users can browse the global content and individual user feeds for free). Vimeo is preparing to launch features that will allow its Vimeo Pro creators to charge for access to video content.\nStill, paying to watch a video is very different from paying to read a status update or to see an Instagram photo. Will users be willing to pay to access basic social feeds? \nThough Kobo believes premium content means elevated content, he forgets that lots of free content is already above par. Payment may simply decrease, instead of increase, access to what's already high quality. Pheed's premium channels could backfire, expanding the reach of the lower quality, free pheeds and create a class war of social media. \"Elite\" pheeds versus the visions of Facebook and Twitter \u2014 making people and information more open and connected and less controlled. \nMoreover, the service lacks originality and innovation on many fronts. By compiling the services of other social media companies, Pheed offers very little new and creative and could hinder the chances of users splurging on premiums. \nSo you tell us, are you excited about Pheed and the concept of monetized social media? Answer in the comments below. \nGet Your Tickets to Mashable Media Summit\n\nThe Mashable Media Summit 2012 will explore the impact that technology is having on media, and how digital media is affecting our lives and changing the world. This one-day conference will bring together the brightest minds in media, including content creators, technology leaders, entrepreneurs, social media executives and journalists.\nDate: Friday, Nov. 2, 2012 \nTime: 10:00 a.m. - 5:00 p.m. \nLocation: The TimesCenter, 242 West 41st Street, New York, NY 10036\nTickets: Purchase tickets on Eventbrite.\nA Look Back at Last Year's Mashable Media Summit\n\n\nMashable Media Summit 2011\n\n\n\n\n\n\n\nMedia Summit 2011\nThe Mashable Media Summit on Nov. 4 at the Times Center in New York City attracted professionals in digital, tech, advertising, sales, marketing, mobile and publishing from all over the world.\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011\nWe had a packed house in attendance for this year's Media Summit.\n\n\n\n\n\n\n\n\n\n\nThe Future of Social Media\nPete Cashmore, founder and CEO of Mashable, speaks on the future of social media, its current landscape and what trends to expect for 2012.\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011\nThis year's Media Summit was located at the Times Center in New York City.\n\n\n\n\n\n\n\n\n\n\nSocial Media Grows Up: The Evolving Role of Social Media in News Organizations\nMashable's community manager Meghan Peters chats with Katie Rogers, social media manager at The Washington Post; Anthony De Rosa, social media editor at Reuters; and Drake Martinet, social media editor at AllThingsD.\n\n\n\n\n\n\n\n\n\n\nTeaching \u2013 and Learning From \u2013 The Old Grey Lady\nBrian Stelter, a media reporter and blogger at The New York Times speaks at the Media Summit.\n\n\n\n\n\n\n\n\n\n\nThe Filter Bubble: How to Fix Content Curation\nEli Pariser, author and chairman of the board at MoveOn.org, discusses how human editors and algorithms can work together to get users clicking on content that matters.\n\n\n\n\n\n\n\n\n\n\nWhat Facebook's New Features Mean For Journalism\nAdam Ostrow, executive editor and senior vice president of content, Mashable speaks with Vadim Lavrusik, journalist program manager of  Facebook, about how the social network's new features can help journalists.\n\n\n\n\n\n\n\n\n\n\n The Evolution of Sports Illustrated\nSports Illustrated Group editor, Terry McDonell, talks about the magazine's transition from print to digital with Mashable's Editor in Chief Lance Ulanoff.\n\n\n\n\n\n\n\n\n\n\nFrom Tactile to Mobile\nJosh Koppel, co-founder and chief creative officer of ScrollMotion, speaks on the reinvention of content experience and engagement.\n\n\n\n\n\n\n\n\n\n\nTV Makes You Smarter\nChristy Tanner, TV Guide's general manager and executive vice president, explains how technology is changing entertainment for better and for worse.\n\n\n\n\n\n\n\n\n\n\nTV Guide Audience\nA member of the audience asks TVGuide general manager and EVP Christy Tanner about technology's changes to the entertainment industry.\n\n\n\n\n\n\n\n\n\n\nWho Owns Your Identity?\nMashable Senior Vice President Robyn Peterson speaks with Andy Mitchell, strategic partner of development at Facebook about how much of our identity is shared to third-party sites. Also on stage is Patrick Harding, CTO of Ping Identity, and Tim Dierks, senior vice president of engineering at Huffington Post.\n\n\n\n\n\n\n\n\n\n\nWho Owns Your Identity?\nMashable Senior Vice President Robyn Peterson speaks with Andy Mitchell, strategic partner of development at Facebook; Patrick Harding, CTO of Ping Identity; and Tim Dierks, senior vice president of engineering at Huffington Post about how much of our identity is shared to third-party sites.\n\n\n\n\n\n\n\n\n\n\nLike A Virgin\nTor Myhren, Grey president and chief creative officer, talked about the ultimate user experience, and how different it is today from when he was a teen. Here he is at age 14. \n\n\n\n\n\n\n\n\n\n\nLike A Virgin \nTor Myhren, Grey president and chief creative officer, talked about the ultimate user experience, and how different it is today from when he was a teen.\n\n\n\n\n\n\n\n\n\n\n The Problem of Prediction\nTony Haile, CEO of Chartbeat, discusses how real time data changes what you should be doing. \n\n\n\n\n\n\n\n\n\n\nMashable's Big Announcement\nAt Mashable Media Summit, we announced the Mashable Publisher Platform, a new editorially curated syndication experience that brings content from select publishers to our site.\n\n\n\n\n\n\n\n\n\n\nThe Importance of Being Awesome\nFaris Yakob, chief innovation officer of MDC Partners\u2019 kbs+p and founding partner of Spies &amp; Assassins, covers from art and copy to arduinos and code, and how important it is to be awesome.\n\n\n\n\n\n\n\n\n\n\nAT&amp;T Brings 4G to NYC\nLarry Solomon, AT&amp;T's senior vice president of corporate communications, announced that 4G LTE will be coming to New York City.\n\n\n\n\n\n\n\n\n\n\nAT&amp;T\nSpecial thanks to our presenting sponsor, AT&amp;T. \n\n\n\n\n\n\n\n\n\n\nOne on One\nBloomberg TV anchor Emily Chang talks tech with Foursquare's General Manager Evan Cohen.\n\n\n\n\n\n\n\n\n\n\nThe New Model of Content and Commerce\nLauren Indvik, marketing and media associate editor at Mashable, is joined by a panel including Alexis Maybank, founder and chief marketing officer of Gilt Groupe\u2028; Maureen Mullen, research and advisory lead of L2; and David Granger, editor in chief of Esquire.\n\n\n\n\n\n\n\n\n\n\nThe New Model of Content and Commerce\nLauren Indvik, marketing and media associate editor at Mashable, is joined by a panel including Alexis Maybank, Founder and chief marketing officer of Gilt Groupe\u2028; Maureen Mullen, research and advisory lead of L2; and David Granger, editor in chief of Esquire.\n\n\n\n\n\n\n\n\n\n\nThe Future of Social TV\nMashable's entertainment editor Christina Warren talks with a panel including Alex Iskold, GetGlue founder and CEO; Jesse Redniss, vice president of digital, USA Networks; and Tom Thai, vice president of marketing and business development at Bluefin Labs, about the future of social media in its relationship with television.\n\n\n\n\n\n\n\n\n\n\nThe Future of Social TV\nMashable's entertainment editor Christina Warren talks with a panel including Alex Iskold, GetGlue founder and CEO; Jesse Redniss, vice president of digital, USA Networks; and Tom Thai, vice president of marketing and business development at Bluefin Labs, about the future of social media in its relationship with television.\n\n\n\n\n\n\n\n\n\n\nThe Future of Social TV\nMashable's entertainment editor Christina Warren talks with a panel including Alex Iskold, GetGlue founder and CEO; Jesse Redniss, vice president of digital, USA Networks; and Tom Thai, vice president of marketing and business development at Bluefin Labs, about the future of social media in its relationship with television.\n\n\n\n\n\n\n\n\n\n\nBreaking Down Content Barriers\nMichael Lazerow, founder and CEO of Buddy Media talks about the rules of content that need to be changed for social media.\n\n\n\n\n\n\n\n\n\n\nSponsors for the Mashable Media Summit 2011\n\n\n\n\n\n\n\n\n\n\n\nGetting Ready for the Post-Conference Reception\n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\n\n\nMedia Summit 2011 Reception \n\n\n\n\n\n\n\n\n\nSupporting Sponsor\nSponsorship Opportunities\nA limited number of sponsor opportunities are available for the Mashable Media Summit. This is an excellent opportunity to get in front of Mashable\u2019s passionate and influential audience. Contact sponsorships@mashable.com for opportunities."^^<http://www.w3.org/2001/XMLSchema#string>
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