Just as CNN asks its real-life audience to submit iReports – user-generated content submitted from cell phones, computers, cameras and other equipment for broadcast and online reports – the network invites the residents of Second Life to share their own “SL iReports” about events occurring within the virtual world.

“The thing we most hope to gain by having a CNN presence in Second Life is to learn about virtual worlds and understand what news is most interesting and valuable to their residents,” said Susan Grant, executive vice president of CNN News Services.

CNN are the latest media outlet to take up residence in Second Life. Having worked with Millions Of Us on their entry strategy over the last couple of months their iReport hub progress will be followed with interest. CNN joins Reuters who took up residence with the assistance of Electric Sheep Company in October 2006 and Sky News who were advised by Rivers Run Red and took up residence in May 2007.