Otter Media Near Deal for Majority Stake in Fullscreen -Re/code

By Dow Jones Business News, 
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Otter Media, a joint venture of AT&T Inc. ( T ) and Chernin Group, is nearing a deal to buy a majority stake in Fullscreen, a media company known for its contributions to Google Inc.'s ( GOOG ) YouTube, Re/code reported Wednesday, citing people familiar with the company.

Fullscreen founder and Chief Executive George Strompolos will continue to run the company, Re/code reported.

Full story at: http://recode.net/2014/07/23/chernin-and-att-set-to-buy-control-of-fullscreen-youtube-network/

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