Oceanic Time Warner Cable and Watchit Media Content and License Agreement

Exhibit 10.1

Oceanic Time Warner Cable and Watchit Media Content and License Agreement

Effective Dates:    September 1, 2006, August 31, 2007

Watchit agrees to provide Oceanic Time Warner Cable the following content:

– Watchit Gaming Guides

– Lunchtime with Ira segments every week

Watchit will provide the content on BetaSp format and reserves the right to modify the content to reflect sponsorship by an advertiser and advertisers.

Oceanic Time Warner Cable agrees to not edit or modify the above content.

Oceanic Time Warner Cable will use the content solely on channel 777, the Las Vegas channel.

In the event that Oceanic Time Warner Cable removes the above content and or terminates this agreement prior to December 31, 2006, Oceanic Time Warner Cable agrees to pay a cancellation fee of Five Thousand Dollars ($5,000) per mont