Brightcove Buys MetaStories

Cambridge, Mass.-based Internet-video distributor Brightcove said it acquired MetaStories Inc., which sells publishing tools to media companies such as Yahoo! Inc. (, MSN, (, Discovery Networks U.S., National Geographic and Scripps Networks.

Brightcove -- which handles content distribution and ad sales for both independent video producers and established media players -- said it will add the “StoryMaker” product from Seattle-based MetaStories to its portfolio, which allows interactive producers to quickly assemble video, graphics, text and audio.