EXHIBIT 23.4

CONSENT OF COUNSEL

Morgan Lewis & Bockius LLP (the “Firm”) hereby consents to the use of the tax opinion of the Firm attached as Exhibit 8.1 to the Registration Statement on Form S-4 filed by JAG Media Holdings, Inc. (the “Registration Statement”) and to the reference to the Firm under the heading “Legal Matters” in the Consent Solicitation/Prospectus constituting part of the Registration Statement. In giving this consent, the Firm does not admit that it is included in the category of persons whose consent is required under Section 7 of the Securities Act of 1933 or the rules and regulations promulgated thereunder.

/s/ Morgan, Lewis & Bockius LLP  

New York, New York

February 7, 2008