Santa Monica, Calif. - Adconion Media Group, a provider of branding campaigns for ad agencies, direct advertisers and premium websites, announced on Thursday its acquisition of KTV Digital Media, a production studio, content distribution network and operator of video sites.

Financial terms of the transaction were not disclosed.

Adconion will use KTV's assets to form RedLever, a new content development and syndication arm that will develop and distribute branded video entertainment created specifically for agencies and advertisers across the Adconion.TV network, which launched last month.

Customers of Adconion.TV include new media studio Vuguru's "Back on Topps" series.

Related Links:
http://www.adconion.com

http://www.ktvdigitalmedia.com

http://www.red-lever.com