MTV drops Atom bomb

More indications that video is quickly becoming the must-have content for both online and mobile services, MTV Networks parent company Viacom acquired online and mobile video production firm Atom Entertainment for a cool $200 million, adding it to the MTV content stable. Atom has an existing deal to provide a video channel for Verizon's VCast service. No indications yet on how the acquisition will affect that deal.

Full details of the acquisition:
- available via the Los Angeles Times article