Vid-Biz: Nexage, Cinetic, Mandela Day

Nexage Raises $4 Million; service says it can make mobile video and ad uploads easier; pulls in $4 million of an anticipated $4.5 million of funding in the form of preferred stock. (VentureBeat)

Cinetic Curates FilmBuff; new VOD channel will feature 10-15 new and classic indie flicks each month, channel will initially be available in 10 million U.S. households. (Variety)

Mandela Day Concert to be Live-Streamed by Livestream; free concert to feature performances by Stevie Wonder, Will.I.Am, Josh Groban and more. (Mandela Day)

Movie Web Sites Gain Credibility, Power; sites like CHUD no longer at the kids’ press table, and studios are approaching more niche sites. (The Hollywood Reporter)

Kevin James’ Web Series to Debut on Monday; Crackle to roll out five episodes of the comedy Dusty Peacock starting next week. (MediaWeek)

Comcast Launching a Bunch of New Stations in the Bay Area; 80 new digital networks, 51 of which will be HD, coming 26 communities in the North and South Bay. (Multichannel News)

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