Blog post submitted by Molly McCurdy;
In this ever growing society of media consumers, Flipboard is the answer to our prayers. Created in 2010 for Apple's I Pad tablet by Mike McCue and Evan Doll, Flipboard revolutionizes the way we see social media to date. Flipboard takes clips of websites and social media outlets and lays them out in a magazine format for the user to see. The user can then use the touch screen to "flip" through social media outlets and websites that have partnered with Flipboard.
There has been speculation for months about television and flim coming to Flipboard and the rumors are true. Comedy Central's The Colbert Report appeared Wednesday as the first show to be on the app. However, the show is not in full, you can access clips from recent shows and tweets from the show and Colbert's Twitter account. CEO Mike McCue said in an interview this Summer that Flipboard will have video for the app by the end of the year. The company is also in the final stages of releasing their I Phone app.
Source - The Colbert Report Comes to Flipboard, Mashable
(edited to correct my typo on Molly's name - sorry about that. BJB)