The online video news service 1Cast planned to officially launch today in a private beta with initial news programmers including CNBC, the Associated Press, Reuters, the Canadian Broadcasting Corp. and Agence France Presse.

The 1Cast service is a personalized service designed to deliver breaking news via video to consumers on their desktops and iPhones.

1Cast is funded by Eagle River Ventures, the investment group of wireless communications pioneer Craig McCaw.

With the service, consumers can gather content from selected news sources and create personalized video playlists. Their playlists are then updated throughout the day and delivered via the Web or cell phone.