Originally posted on Variety:
AOL has cut a content-licensing pact with MiTu Network, a producer of Latino-focused digital video content, which promises to further expand MiTu’s reach beyond YouTube.
Under the deal, AOL has rights to distribute MiTu’s original and partner-produced short-form video content — in both English and Spanish — across all of its digital platforms, including The Huffington Post, AOL On and its Hispanic content network, Voces.
Financial terms of the deal weren’t disclosed. MiTu, whose investors include Chernin Group, last month announced a similar syndication agreement with Univision Communications.