Open Source Media (formerly, PajamasMedia) has launched!

LaShawn is liveblogging the event.

Kevin is too and doesn’t quite get it.

Neither does Jarvis.

Ditto for Krempasky:

But in the end - even though many bloggers signed up for this new enterprise early on - I think the bulk of those were motivated by trust in the influential priciples and a healthy competitive streak. The chance to stand on the same pedestal as the New York Times surely appeals to the little guy. And unfortunately - those bloggers interested in a new business model still don’t seem to have any more answers than they did this morning.

MORE: Solomonia has photos. Kim Weinstein recaps her panel appearance, where she joined Never the Bride in a bit of a discussion about fashion. Yes, fashion. And then of course, there was the Manolo, the third person shoe blogger. And here’s Roger L. Simon.

UPDATE AGAIN: James Joyner is really scratching his head. He wonders how it is that it’s called “open source” and yet there is a restrictive copyright notice. He also notes: “It’s also rather ironic given that someone else already owns the name “Open Source Media.”

Here is the other OSM

Hm. A company that used to call itself Pajamas Media now calls itself Open Source Media, which is — scroll down to our legal notice — kind of exactly what we call ourselves. They’ve collected $3.5 million in venture capital, and, to celebrate their re-naming of our already-named name, they’re holding an event at the Rainbow Room.

Dennis the Peasant has the details on the Open Source Media service mark.

Homocon has an extensive roundup, and Houblog has an open letter.

It seems that OSM is not off to a rousing start. It seems maybe they should have stuck with Pajamas Media.

YET ANOTHER UPDATE: OSM responds to the controversy surrounding their name.

We are OSM. A gentleman named Christopher Lydon has an excellent web site called Open Source. He uses that as his corporate name, but not as his trade name. His URL is RADIOopensource, and he’s given up opensourcemedia.net – which we and our lawyers confirmed before we chose our name.

His trade name is Open Source – and Open Source alone. He’s filed a trademark application under Open Source alone, not Open Source Media.

Our trade name is OSM, and please note that we have a TM after OSM, not after Open Source Media. We consider Open Source Media to be a description of what we are and do, not a trade name.