Yahoo has acquired Jumpcut, a video-sharing site that provides web users with online editing tools for creating their own movies.
The San Francisco-based start-up will become a part of Yahoo's Social Media group, which includes photo-sharing service Flickr, and bookmark-sharing service Del.icio.us.
Jumpcut was created by MiraVida Media, and lets users publish and remix video clips using a suite of editing tools. Jumpcut will be working with Yahoo media and advertising partners to offer more content that subscribers can use in remixing movies. "
Netimperative 29-09-2006
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