The Web is becoming "a video delivery medium in a big way," said Walt Mossberg in his opening remarks at Beet.TV’s first executive summit which was held yesterday at the Embassy of Finland in Washington.

Walt is technology columnist at the Wall Street Journal and is co Executive Editor of All Things Digital.

WaltshobaWalt and His Former WSJ Intern Shoba

He started off his comments with a nod to his his former Wall Street Journal intern Shoba Purushothaman, a panelist. Shoba left journalism several years ago and is CEO of the NewsMarket. The two were reunited on the Embassy deck.

Much more from the conference, including interviews and excerpts from the round table.

Here’s a rundown of the event by Scott Raynovich, publisher of Contentinople.

Special thanks to Ambassador Lintu for hosting us and press attache Kari  Mokko for all his help.

— Andy Plesser

Update:  See the second part Walt’s comments here:

Disclosure:  Finland’s Millennium Technology Foundation, a public and private foundation based in Helsinki, is a client of Plesser Holland.