Today's Beat the Press topics

If you haven't seen VBS TV, you're in for a treat. It's the broadcast arm of Vice, an underground magazine founded in Montreal 16 years ago and now headquartered in New York City.

Headed up by eclectic film director Spike Jonze (Adaptation, Being John Malkovich, Where the Wild Things Are) and Vice co-founder Shane Smith, the web-based video channel has found a mainstream partner in CNN that's exposing a new audience to VBS's signature brand of off-beat yet powerful reporting.

(A word of caution, though. VBS takes its role as a counter-culture (sex, drug use, profanity, etc.) voice seriously, and much of the content on its site is not for the faint of heart.)

Other topics:

* ABC News cutbacks: Network executives say they're reinventing a more efficient news operation - or at least a cheaper one.

* Paterson, the Sequel: New reporting by the New York Times may or may not have led to the New York governor's decision not to seek an elected term in office.

Panel Peeves: A Theme! The panelists sound off on what they like and don't like about NBC's Olympic coverage.

The Panel: Emily hosting, Dan, Callie, Joe, and Kara Miller in the guest panelist seat.