Disney Venture Arm Sinks $6 Mil into EdgeCast

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Walt Disney Co.’s venture-capital operation, Steamboat Ventures, invested $6 million in EdgeCast, a content-delivery company. EdgeCast is among the firms setting up networks to deliver content such as Web video, the Wall Street Journal reports (subscription required). Other big players in that include Limelight Networks (a WebVideoReport sponsor). For Disney, the investment follows an $11 million investment in Move Networks, an online video company.
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