TwoWay additional investment from Ingenious
April 20, 2011
Two Way Media says it has done a “development and funding deal” from the Ingenious Media investment fund and advisory. The funds are said to be earmarked for social gaming investments but as Ingenious owns the majority of TwoWay after a 2007 deal it amounts to the provision of further working capital.
Two Way already makes games for broadcast shows like X Factor, Play Your Cards Right and Britain’s Got Talent, playable on cable, satellite and IPTV platforms. It hopes there will be major new opportunities through OTT platforms like YouView.
Other posts by :
- Eutelsat shares rebound
- Analyst: How disruptive could Starlink be?
- Bank: AST SpaceMobile has 2 year head start on Starlink
- SpaceX wraps IPO; 8,000 launches by 2030
- Markets braced for SpaceX IPO
- Former SpaceX exec to build ‘space taxis’
- Eutelsat shares crash despite good news
- Analyst: Years of subs growth ahead for Starlink
