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CulverCity-based PK4 Media , an online video advertising network operator, said Thursday that it has acquired JSFour , a fellow video ad technology firm. The companies said the two have been working together on an advanced video distrbution platform. Financial terms of the buy were not disclosed. READ MORE>>.
Anyone who reads this blog frequently will know that I am a big believer in low-cost video content and specifically the power of YouTube as a content creation & distribution platform. And that’s why the online video space and YouTube ecosystem has taken one more leap toward its rightful place as next generation video platform.
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One of the folks in media who has been helping to define that shift is Cenk Uygur , the head of CulverCity-based The Young Turks (www.tytnetwork.com), and online news and politics show. Philosophically, we''re not wedded to one company or platform, and will go where the audience is, which just happens to be on YouTube right now.
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