Sky has made a $1 million equity investment in Pluto.TV, an online television platform that aggregates video content from across the web and programmes into themed TV channels. This follows Sky’s $0.5 million convertible debt investment in Pluto.TV in October 2014.
French telco Orange is looking for a new financial partner to invest in video sharing platform Dailymotion. According to daily Le Monde, Orange has not given up the idea to expand Dailymotion internationally. Orange has spent an additional €30 million on the platform since 2013 and Dailymotion still faces strategic questions about international growth. Last […]
Watchup, the Stanford startup for TV news, has raised a new $2.75 million round led by Tribune Media with participation from The McClatchy Company and existing investors Knight Enterprise Fund, Stanford-StartX Fund, Ned Lamont, Gordon Crovitz and Jim Friedlich. This round brings Watchup’s total capital raised to $4.25 million. “Watchup extends our vision of expanding […]
Cloud-based video encoding company Encoding.com has secured a second round of financing with Harmonic leading the cash injection. The amounts concerned were not revealed. “The stars have aligned with this investment and we are thrilled to work more closely with the Harmonic team,” said Jeff Malkin, president at Encoding.com. “With the strength of Harmonic’s brand […]
Sky is encouraging arts organisations and production companies to pitch collaboratively for up to £1 million (€1.27m) annually on new TV ideas, as part of its broader commitment to the UK and Ireland’s creative industries. The initiative, Sky Arts Amplify, is designed to foster integrated partnerships between creative institutions and TV production companies, bringing the […]
Sky has invested $7 million in Whistle Sports, the world’s largest sport-focused cross-platform network as the two companies look to work together on creating exciting new content for younger sports fans, particularly ‘young millennials’. Whistle Sports partners with online personalities who create unique video content themed around sports, sports brands and franchises. The network uses […]
Roku has raised another $25 million taking the streaming media company’s total funding beyond the $150 million mark. Roku has said the new round is to provide “additional growth capital.” BSkyB announced that it had invested another $700,000 in Roku, a move that followed its earlier $12.2 million investments it made in Roku in July […]
The fight against digital piracy and counterfeit goods in the UK has been boosted by £3 million of new government funding to the City of London Police Intellectual Property Crime Unit (PIPCU). Minister for Intellectual Property (IP), Baroness Neville-Rolfe announced the government’s funding commitment to the national crime unit at the Anti-Counterfeiting Group Conference in […]
Speaking during a Q3 Earnings Call following a period in which Netflix reported net additions were lower than forecast, particularly for the US, CEO Reed Hastings has reaffirmed the company’s faith in its international expansion plans following its late summer launch in new Western European markets. “We’ve done numerous launches now starting in Canada four […]
International entertainment group MTG is teaming up with several other European media companies, including ProSiebenSat.1, Channel 4, and TF1, to identify investment opportunities in new digital businesses, creating what is described as a unique opportunity for start-ups who are looking to expand geographically. For MTG, it says the alliance will provide access to exciting investment […]