Writers’ Strike Spurs Producer To Fund Online Video Site KushTV

Two more Hollywood companies look to the web as the writers’ strike drags on… KushTV, an aggregator of original web video, has received an undisclosed amount of funding from production company Contrafilm. The two-year-old Santa Monica company distributes its videos via 50 online channels provided by the likes of Helio, YouTube, MySpace TV, Veoh, IMEEM, and Akimbo. Contrafilm operates through New Line Cinema and helped produce Kevin Costner’s The Guardian and Jim Carrey’s The Number 23. Aside from the funding, KushTV hopes to benefit from Contrafilm’s Hollywood connections, while Contrafilm believes that, because of the strike, the timing is right to get more involved with creating online video. Release

LAT: Talks between the two companies started before the writers’ strike. The deal between KushTV and Contrafilm calls for the two to share in any ad revenue left after covering the production costs.

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