Twitter pushed its social TV strategy forward a few steps Thursday by announcing it had acquired SnappyTV, a startup that uses a cloud-based platform to help broadcasters, programmers and other content providers share video clips via the Internet in near real-time.
Financial terms were not disclosed, but SnappyTV is member of Twitter’s Amplify ad platform and has already built Twitter data directing into its editing platform, SnappyTV noted in this blog post announcing the deal.
SnappyTV’s customers include Fox Sports, Pac 12 Networks, The CW, NASCAR, ABC News and Universal Sports, among others. If recent note, SnappyTV has teamed with Univision to deliver video highlights from the 2014 FIFA World Cup “within seconds of moments airing live” of every match as they unfold via Twitter.
To read the full story visit Multichannel.com.
