Sinclair Acquires Stake in Mobile Video Company Burst

Baltimore Business Journal: Sinclair Broadcast Group is again wading into new media, taking a stake in Boston mobile video platform Burst. Sinclair, one of the largest owners of over-the-air television stations in the country, made an undisclosed equity investment in Burst, the mobile video company said. The Burst investment would seem to align with Sinclair’s interests as a broadcaster.