Channel Five has inked a deal with MySpace to launch a youth-focused version of Five News. The deal, which Five claims is the first between a UK news broadcaster and a social networking website, will see the launch of a co-branded daily news bulletin on MySpaceTV. The bulletin, will be recorded each weekday after the 3pm TV update on Five and posted online within two hours for MySpace users to view. It will be between three and four minutes long.

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