Gray Invests in Syncbak
Gray Television made a $3 million strategic equity investment in Syncbak, a technology company that replicates over-the-air broadcasts for online distribution, it said in a news release Thursday. Gray Chief Digital and Technology Officer Jason Effinger also joined Syncbak's board,…
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it said. CBS, NAB and CEA also have invested in Syncbak in recent years (see 1304230033 and 1010070100). Gray said more than 180 stations in 150 markets use Syncbak's platform for live stream transcoding, cloud-based rights resolution, cloud-based DVR, device filtering, geo-location services, content management, stream monitoring and dynamic advertising insertion.