Vid-Biz: LeTV, PwnOrDie, DirecTV

Chinese Video Portal LeTV.com Raises 52.8 Million RMB ($7+ M USD); first round of investment led by Shenzhen Capital Group, Nanhai District Enterprise Growth Investment Trust Fund, and Beijing Huijin Lifang Venture Capital. (JLM Pacific Epoch

PwnOrDie.com Gets its Gaming Celeb; Johnathan “Fatal1ty” Wendel to provide input and editorial direction for Or Die Networks’ new gaming site. (The Hollywood Reporter)

DirecTV Adds 129,000 Subs in Q2; satellite company increases net additions unlike rival Dish Network which lost 25,000 subscribers. (Broadcasting and Cable)

Disputed Uri Geller Clip Back Online; famed psychic filed a DMCA complaint to take down a video debunking his powers, but after suits and counter-suits the clip is back up. (Silicon Alley Insider)

Brightcove and British PM Team Up for Online Video; 10 Downing Street to use company’s video platform to boost the amount of video available at Number10.gov.uk. (release)

Get Cut in Half By Criss Angel; Oddcast and A&E team up for a widget that lets you upload a photo of yourself to “become” a part of the famed magician’s act. (A&E)