Gannett Invests in Live Internet Broadcasting

In a move to expand its multimedia capabilities, Gannett Co., Inc. announced today that it has made a minorty investment in Mogulus, a New York-based live internet broadcasting service.
The investment is an extension of a commercial agreement signed by the two companies three months ago. The agreement allowed three of Gannett's newspapers to test out live broadcast capabilities, including The Indianapolis Star's interview of Democratic Presidential candidate Sen. Barack Obama, which drew more than 40,000 simultaneous viewers.
For more information on the new partnership, see Gannett's press release.