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GlassBOX, the parent of the Bite TV interactive broadcast channel, has raised C$5 million ($4.89 million) from JLA Ventures and various individual media executives. BITE TV bears a resemblance to Al Gore’s Current TV — it’s a broadcast network with a range of amateur and profesionally-produced content. In addition to being available over various Canadian broadcast networks, its content is distributed by Joost. Release.
More here on the company and its announcement from Variety.