Mobile, Social News Startup NowThisNews Acquires Video Distribution Platform Cliptamatic

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By: Sarah Perez | TechCrunch

New York-based NowThisNews, a startup looking to reinvent video journalism for the mobile and social era, has acquired a company in a similar space, Cliptamatic, a platform which helps premium content owners distribute video to social media in real-time. Terms of the deal were not disclosed but the acquisition was for equity.

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