AT&T-Chernin Venture Studio Invests in Video Maker

StreamDaily: Cut, the digital production company behind the share-worthy, low-cost video “Grandmas Smoking Weed,” has closed a financing round lead by new indie studio Gunpowder & Sky. Comcast Ventures, the venture capital affiliate of Comcast NBCUniversal, also participated in the financing. The funding will be used to expand the firm’s team as it looks to craft new deals.