Thursday, March 15, 2012

Yootoo Gets Investment From Reality Show Producer

Las Colinas-based Yootoo, which operates an online service which allows people to record videos on their computer or smartphone, and have them incorporated onto live TV, has scored an investment from reality show producer Mark Burnett. According to Burnett, his company, One Three Television, has taken an ownership interest in Youtoo, and will integrate the technology from Yootoo into a series produced by his company. Financial terms of that investment were not disclosed. Yootoo is headed by Chris Wyatt; Burnett's firm is behind such shows as The Apprentice, Survivor, The Voice, and Shark Tank. More information »