Cannes, France - ROO Group, a provider of online video distribution services to companies including Verizon, News Corp. and Google, on Monday announced that it has changed the name of the company to KIT digital. "With a new, profitability-focused management team and the integration of our interactive marketing subsidiary, Sputnik Agency -- giving us a true end-to-end service offering for companies who want to harness video over IP -- we believe KIT digital is positioned to lead and consolidate the industry," said chairman and CEO Kaleil Isaza Tuzman.

New York - ROO Group, a provider of online video broadcasting and related services, announced on Tuesday that it will acquire Kamera, a Sweden-based provider of technology that lets partners deliver IPTV channels over mobile and online networks.

New York - Online video broadcaster ROO Group on Monday further detailed its restructuring efforts, announcing it will shutter its business solutions unit and lay off 10 employees.

New York - ROO Group, a provider of Internet TV broadcasting technology, on Tuesday said it added Fox Television Stations, Agence France-Presse and Chat the Planet to its client roster. For Fox, ROO will receive daily local and regional news video and allow Web publishers to select clips for their own sites, while for AFP the company will launch an international news channel for both English and German news video.

New York - ROO Group, a provider of Internet TV broadcasting services, said on Thursday that News Corp.'s New York Post will use its services to launch online video and video advertising on NYPost.com. Earlier this year, News Corp. made a strategic investment in New York-based ROO, which also powers online video for News Corp.'s Times Online and The Sun in the U.K., as well as for the Associated Press, TheStreet.com and Universal Music UK.

New York - Online video distributor ROO Group said on Wednesday that it will launch 130 online video players for Universal Music UK, which will feature exclusive video content from its artists. Under the deal, New York-based ROO will also develop new online services and capabilities for the label group, which includes Mercury Island, UCJ and Polydor.

New York - ROO Group, a provider of online video distribution services, announced that it has raised $25 million in new financing through a private placement of its shares, with mostly existing investors.

New York - MTV Networks' mtvU campus TV network said on Thursday that it has partnered with Internet video distributor ROO Group, to offer a video player and customizable video channels to the more than 500 online college newspapers in mtvU's College Publisher network. The private-label video players have access to news, sports and entertainment content from providers like the Associated Press and Reuters.

New York - ROO Group, a provider of online video distribution services, announced on Tuesday that it will acquire the assets of Wurld Media, a legitimate peer-to-peer media distribution service, for up to $10 million.

New York - ROO Group, a provider of online video distribution services, announced on Monday that it has received a strategic investment from News Corporation, which has taken a 5% stake in the company.

New York - Internet TV distributor ROO Group announced on Wednesday that it has acquired MyVideoDaily, a developer of video software and search marketing tools, for $350,000 in cash and up to 500,000 ROO shares. MyVideoDaily has been a ROO customer for more than a year; the companies jointly developed a desktop video application that has been installed on more than 750,000 computers.