Advertisement | Online Video Shakeout Continues: JumpTV and NeuLion MergeJun. 9, 2008 
(PaidContent.org) This story was written by Rafat Ali. The consolidation and shakeout of the online video sector continues: Canada-headquartered ethnic and sports online video service JumpTV is merging with NeuLion, a Plainview, NY-based start-up that sells a new online to TV streaming-video technology. The 50/50 deal will include Toronto-traded JumpTV (TSE: JTV) issue about 50 million shares (worth around $40 million) to NeuLion as part of the transaction, which is expected to close by October, reports Variety. By Rafat Ali | Advertisement  Barack Obama: "Eight Is Enough"In Front Of More Than 80 Thousand, Democratic Nominee Calls The Bush Administration A "Failed Presidency" |
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