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May 16, 2012 09:39 pm GMT
Independent online video company Funny Or Die is about to get a lot of help from a traditional TV company, as it's struck a strategic partnership with Turner Broadcasting to collaborate on multiplatform video content. As part of the deal, Turner is taking a small minority stake in Funny Or Die -- terms of which have not been disclosed. "We're at an inflection point with digitally distributed video," Funny Or Die CEO Dick Glover told me by phone. He says that as a result, the timing of the deal is poised to coincide with that inflection point and catalyze further growth for Funny Or Die.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/i-bEsxrsUdk/
Funny Or Die Gets Strategic Investment From Turner, Looks To Accelerate Growth
Independent online video company Funny Or Die is about to get a lot of help from a traditional TV company, as it's struck a strategic partnership with Turner Broadcasting to collaborate on multiplatform video content. As part of the deal, Turner is taking a small minority stake in Funny Or Die -- terms of which have not been disclosed. "We're at an inflection point with digitally distributed video," Funny Or Die CEO Dick Glover told me by phone. He says that as a result, the timing of the deal is poised to coincide with that inflection point and catalyze further growth for Funny Or Die.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/i-bEsxrsUdk/
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