Vid-Biz: Magnify, Tremor, Spinal Tap Raises $500K; new funding comes from previous investors, brings total amount raised to less than $3 million. (paidContent)

Two Execs Leave Tremor Media; co-founder and Chief Operating Officer Andrew Reis and co-founder and Chief Strategy Officer Jesse Chenard depart the video ad network to pursue startup opportunities. (MediaPost)

Smell the Glove, Apple to Produce Original Spinal Tap Content; first original short film from iTunes reunites the aging mock rockers. (Tubefilter)

ESPN Bans its Workforce from Twittering Sports News; supposed internal memo from the network says “If opts not to post sports related social media content created by ESPN talent, you are not permitted to report, speculate, discuss or give any opinions on sports related topics or personalities on your personal platforms(.)” (CNET)

Study: Out of Home Video Reached 155 Million Americans Last Month; video displays in retail locations, grocery stores, gas stations and more are becoming ubiquitous. (MediaWeek)