CBS Corp. has taken a minority investment in Syncbak, a company that allows local-TV stations to stream programming to consumers over the Web, a move that comes as broadcasters are fighting unauthorized Internet distribution of their content.
Syncbak, founded in 2009 by Jack Perry, has created a technology to deliver broadcast-TV signals to tablets and smartphones. The service isn?t yet commercially available. It is being tested by more than 100 local-TV stations in 70 markets.
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Source: http://allthingsd.com/20130422/cbs-buys-stake-in-video-streaming-firm/
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