Baofeng Gets $15 Million; Chinese video software company that is “like the Brightcove of China” gets funding round led by Matrix Partners China and IDG. (paidContent)

The FeedRoom Acquires ClearStory; white label video provider completes acquisition of digital asset management firm. (emailed release)

Will.I.Am Tops Truveo’s Most-Searched List; Yes We Can the most searched for viral video of 2008, Obama’s victory speech most searched live video moment. (Truveo)

MediaFLO Looking to Expand its Mobile TV; company expects to get a boost from the digital TV transition and is mulling moves to other platforms as well as branded channels like Victoria’s Secret TV. (Broadcasting & Cable)

Actor’s Strike Won’t Impact OldTeeVee Like the Writers’ Strike; many TV shows are covered under the AFTRA union, which already has a deal with the studios. (The L.A. Times)

VCs Still Investing in New Media Ventures; despite economic downturn, money still going to startups in the space, but investors want proof that revenue can be generated. (TVWeek)

The Simpsons Skewers Apple; Lisa falls for all things “Mapple” while Krusty complains you can’t watch movies on a screen that small. (The Apple Blog)