Here’s a great new way to make some extra cash online. The News Room is a new services that provides countless new stories that can be embedded (or ‘mashed’) into your own site or blog. The concept is pure genius as by embedding the video, you are also earning a share of the advertising revenue.

Look at it this way. There aren’t many blogs that don’t, at least occasionally, post videos from YouTube. Now just imagine posting those videos and earning some cash each time a video is viewed on your site. This is what TheNewsRoom allows you to do.

Payment is by CPM (or cost per thousand impressions), and the schedule of payment rates can be found here. Rather than the low CPM you may be used to (eg. $0.15), TheNewsRoom offer up to $4 CPM. Impressed?

TheNewsRoom appears to be a very strong concept, well supported by high quality content. The news is fresh and I’m sure that a quick search will turn up a range of material suitable for almost any sight. News stories all appear to come from reputable sources, such as Associated Press, so there are no worries there.

I did a quick search and found some Paris Hilton gold to use as an example.

If you run a blog or website, and like to produce content based on current events then TheNewsRoom is for you. They’ll provide the content, and they’ll pay you for displaying it.TheNewsRoom has been by far the best PayPerPost opportunity in a long while, and one that I’m looking forward to using well into the future.