by Free Britney at . Comments

If you can't beat 'em, join 'em.

That's how Dustin Diamond, a.k.a. Screech Powers, feels about cashing in on his disturbing and recently-leaked sex tape.

The actor/comedian defended his recent decision to profit from the alleged Screech sex tape to Rita Cosby on MSNBC's Scarborough Country Wednesday.

"We could spend a fortune fighting it in court, with little bits already being leaked out on the Internet, or we could suck it up and say you know what, it could be a losing battle, we'll make money if we just side with it," Diamond said.

And thus, the career of Screech Powers, amateur porn star, begins.

Double D also confessed that he's formed a different opinion of his former enemy, the porn video kingpin David Hans Schmidt, even going so far as to pay that sick bastard a backhanded compliment.

"I tip my hat to the guy ... if someone has a tape out there, they gotta watch out, 'cuz chances are he's gonna get a hold of it... the Sultan of Sleaze has done it again and I got caught with my hand in the cookie jar."

THG NOTE: Hard to fault Screech for his decision to sell out. It's like we've been saying for years. If you're going to give some skank the Dirty Sanchez, you might as well try and make some cash off it.

Schmidt also appeared on the show and boasted of four more celebrity sex tapes which have recently fallen into his possession -- one featuring a certain rap artist, another of a celeb who stars on the Bravo network.

No clues yet, but at least it's not K-Fed. That dude is no artist.

by Free Britney at . Comments

Heads up, Paris Hilton, you're about to have company.

Actually, you probably have had "company" for the past few hours already. Maybe twice!

In any case, it's about to become official -- Dustin Diamond is going to join the ranks of other sex tape stars and have his moment in the very disturbing spotlight.

Sex tape broker and certifiable sick f*&k David Hans Schmidt has struck a deal with ClubRedLight.com to distribute the tape. While the actor has publicly protested the sale of the Screech sex tape, that's not stopping him from hitting The Howard Stern Show and MSNBC to chat about it.

Red Light tells the New York Daily News that the tape is "quite humorous and, at times, arousing."

Gross.

While we don't judge anyone here at T.H. Gossip (with the exception of that b!tch Ashlee Simpson and her utter lack of redeeming worth), the motivation behind the Dustin Diamond sex tape is hard to fathom. Is this some sort of publicity stunt by Screech? How do you do that to some skank on film and not think it's gonna get out? Who the hell knows.

by Free Britney at . Comments

So the Gossip has seen portions of the Dustin Diamond sex tape, which we talked about yesterday, and can confirm that it is real... and not at all pleasant.

Yes, the former Saved by the Bell star, who warmed our hearts as the lovable Screech Powers, starts off the video in a bathtub, narrating what's to come. The tape ends with Diamond introducing one of the women to a "Dirty Sanchez."

If you don't know what that euphamism means, look it up. Online. Preferably at work, when your boss is expecting a report from you and is about to come asking for it.

Suffice it say, it is unbelievably graphic.

For now, you can watch the clips at TMZ.com. But you soon may be able to own this thing, if that's what you're into. David Hans Schmidt, who has become famous in the sex tape industry by peddling videos featuring Paris Hilton, Colin Farrell and others, claims ownership to the Screech tape.

It was shot in a hotel, with Diamond holding the camera and narrating, as he engages two women in various combinations and positions. He does not say if this tape is being made to raise money for his battle against foreclosure.

Schmidt is reportedly out shopping the tape, which supposedly has generated a good amount of interest. What's unusual is that some mainstream media companies are interesting in purchasing the rights.

Screech, you are a dirty, dirty man. Christina Aguilera has nothing on you.