HOLLYWOOD — Online broadcaster iCast.com has purchased film site ShortBuzz.com, increasing its library of shorts by 400 titles.
ShortBuzz was founded last year for filmmakers who want to Netcast short films without being tied down with an exclusivity agreement.
“ICast is there for the long haul,” said ShortBuzz co-founder Robert Algeri. “We were all on the same page with a similar philosophy of what we could do for filmmakers.”
Financial terms of the deal were not announced, although Algeri and his brother Dion, also a co-founder, will continue on as iCast employees with the goal of bringing more filmmakers to the site.
“The depth of superior content that Robert and Dion have amassed at ShortBuzz reflects their tremendous knowledge and understanding of the independent film community and how the Web can serve today’s aspiring filmmaker,” said Margaret Heffernan, prexy and CEO of iCast.
ICast was founded by incubator CMGI, which is also funding search engine AltaVista and auction site UBid.com.