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Movie Producer Invests in KushTV Video Firm

By Greg Published on .

ContraFilm Pictures, a movie production company, invested in KushTV, a Web video venture that syndicates original material through MySpace and other sites, the Los Angeles Times reports. It’s part of a gathering wave of investments by traditional Hollywood players in the new medium. ContraFilm will steer creative talent to KushTV and finance production. After recovering costs, ContraFilm will split any additional ad sales.
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