Miami
– ConnectedMedia Technologies, a Miami-based digital multimedia firm targeting
the U.S. Hispanic market, announced on Monday that it has acquired a
controlling stake in Notus Digital Network, a developer of video-on-demand
services.
Financial details of the deal, which will see ConnectedMedia emerge
with 52% control of Notus, were not disclosed.
The NotusWOW platform integrates
providers of Spanish-language content with advertisers for online video.
Notus
also soon plans to launch Notus.tv, an ad-supported portal offering recent and archived
Spanish-language TV programming.
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