This has been a bit under the radar, but JumpTV, the Toronto-based startup that aggregates foreign broadcast channels onto the public Internet, has risen over $200 million in an IPO managed earlier this month by Morgan Stanley. The company is public on both the Toronto and London exchanges.

I caught up with company president Alex Blum on Friday. Alex is a former long time senior AOL executive who charted the introduction of video at AOL during his 8-year tenure. He is astounded by the way the whole online video revolution has taken off in the past few months.

He AOL left last year to head-up JumpTV; the company pulls together broadcast feeds from an incredible range of countries - and serves a global diasporas of immigrants with streaming video from far away.

The business presently is subscription-based, similar to satellite TV that offers special foreign country channels, but Alex told me that the business will transform to an advertiser-based model in the near future. He says that there enormous demand for online video content by advertisers. The next step from JumpTV is to create social networking around the channels, specific to particular immigrant groups. Pretty amazing.

Alex will be among the cavalcade of stars at Streaming Media West next month in San Jose, Ca. Beet.TV is the Official Vlog of the show.

-- Andy Plesser