Vid-Biz: BrightRoll, Quarterlife, Payne

BrightRoll Raises $5 Million; Series B round includes True Ventures and Adams Street Productions (full disclosure: True Ventures also funds the GigaOM network, which includes NewTeeVee). (PE Hub)

Quarterlife Unveiled at NY Screening; high-profile MySpace series called “watchable, and a whole lot better than most standard TV shows” by CNET reporter. (CNET)

Tyler Perry Goes Mobile; TBS produces ten original House of Payne mobisodes for Verizon. (MediaWeek)

Revver Adds Overlay Ads; move bolsters the ad options available to Revver vid uploaders. (Revver Blog)

Eyeblaster Releases Channel Connect; company says new scalable solution will standardize video assets and ease complexity currently associated with implementing video ads. (MediaPost)

Sony Expands MiniSode Network; Crackle, AOL and Joost to get the collection of classic TV shows like Charlie’s Angels and Diff’rent Strokes that are edited down to under six minutes. (New York Times)