Cross MediaWorks Buys BlackArrow

Cross MediaWorks bought pay-TV advertising and data services company BlackArrow, Cross MediaWorks said in a Monday news release. Financial details weren't disclosed. Cross MediaWorks said the deal will allow it to expand the products and services it offers to pay-TV companies and advertisers. BlackArrow CEO Nick Troiano will become CEO of Cross MediaWorks and a board member, while Cross MediaWorks Chief Technology Officer Stephanie Mitchko-Beale will take over CTO/Chief Operating Officer responsibilities.