Thursday, September 28

Yahoo Buys Online Video-Editing Company

MediaPost reports:

" (...) Yahoo has acquired Jumpcut, a San Francisco video-sharing start-up that offers consumers the ability to not only upload clips, but also to edit them online. Terms of the deal weren't disclosed.  Jumpcut, which launched in April, has done promotional deals with several entertainment companies (...). Studios have made their own videos available and then invited consumers to use Jumpcut's editor to re-mix the clips by incorporating their own videos.

(...) Jumpcut recently was named one of the 10 best video-sharing sites by Light Reading, a telecom research company.".

jumpcut.com

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