October 14, 2005 4:42 PM PDT
MTV buys iFilm for $49 million
The deal could mean a lot more downloadable TV programming for Web users and more online advertising for Viacom. "We're...excited about the partnership potential with our established brands like MTV, MTV2, MTVU, Comedy Central, SpikeTV and VH1," an MTV executive said in a statement. Video via the Web got another boost this week when Apple Computer unveiled a new iPod that plays videos. The company also plans to sell TV episodes, music videos and short animation through the iTunes music store.
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