Otter Digital Studio Invests in Video Shop Shareability

TheWrap: Gunpowder & Sky, a digital studio backed by Peter Chernin‘s Otter Media, has invested in branded video maker Shareability, aiming to produce content including longer form movies and shows and possibly widen into ventures like merchandising and events. Gunpowder & Sky — founded by former Viacom executive Van Toffler and Floris Bauer, previously global head of strategy at Endemol — launched in January.