Slide, the maker of software apps for social networks Facebook and MySpace, signed a deal with CBS Interactive, Comcast's E! Entertainment channel, Time Warner's Warner Brothers, News Corp and NBC Universal's Hulu to distribute video content on Facebook.
(Reuters) - Social network software maker Slide Inc. has signed a
deal with major media companies to distribute video content on
Facebook, capitalizing on the success of social networking.
The distribution partnership includes CBS Corp's CBS Interactive,
Comcast Corp's E! Entertainment channel, Time Warner Inc's Warner
Brothers as well as News Corp and NBC Universal's jointly-owned video
site Hulu, among other companies.
Slide said it has signed revenue sharing advertising agreements with
"several key partners" for the video service called "FunSpace Channels"
which is to be launched on Thursday.
Other financial details were not disclosed.
San Francisco-based Slide, founded in 2005 by PayPal co-founder Max
Levchin, said it intends to roll out the service on other social
networks over the next year.
"Media companies create and deliver entertainment, social networks
connect people, and Slide is the conduit between the two; that's social
entertainment," Keith Rabois, vice president of strategy and business
Slide made some of the hottest programs running on Facebook and News
Corp's MySpace, including media-sharing applications Slide Shows, Top
Friends, SuperPoke! and FunWall.
Slide says that FunSpace is the most popular third-party application on Facebook with 20 million active users monthly.
(Reporting by Savio D'Souza in Bangalore; Editing by David Cowell)
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