User-generated ad platform ViTrue announced a round of strategic funding from Comcast Interactive Capital and Turner Broadcasting. The funding will be used to further the company’s patent-pending platform, which allows brands to feature user-created videos on a branded site instead of on a third-party site while avoiding copyright infringement. ViTrue also owns the online video-sharing community — Synacor got more than $17mln in venture capital funding from new and existing investors. The online content provisioning company plans to use the funding to expand its portfolio. New investor North Atlantic Capital led the C-Series funding round. Mitsui Technology, Intel Capital and Crystal Ventures were also among the participants.

The Daily


FCC Seeks Comment on NAB NextGen Petition

The FCC Media Bureau is seeking comment on NAB’s petition regarding the treatment of multicast streams under the NexGen TV local simulcasting rules.

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