Category archives for: Funding

Orange, PCCW informal talks on Dailymotion

French telco Orange has confirmed informal talks with Chinese group PCCW regarding video platform Dailymotion. CEO Stéphane Richard, who is seeking an investor to boost the international development of its 100 per cent subsidiary, met Richard Li, the son of Asia’s wealthiest man Li Ka-Shing, the founder of Hutchison conglomerate. The group owns PCCW, the holding behind a Hong Kong […]

Grabyo garners $2m funding from global sports stars

fabregas-football

Real-time video specialist Grabyo has raised $2 million in funding from an array of major sports stars on the back of accelerating customer demand, ongoing momentum in social video and the rapid growth of mobile video advertising. The investors and global ambassadors include Premier League footballers Cesc Fabregas and Robin van Persie, New York Red Bulls star Thierry Henry and […]

US Senator calls for piracy payment prevention

US Senate Judiciary Committee Chairman Patrick Leahy is urging leading payment processors to prevent use of their payment networks by websites that are dedicated to online copyright infringement. While Visa and MasterCard both have policies prohibiting the use of their cards for illegal activities, a recent study released by the Digital Citizens Alliance and NetNames revealed that 29 of 30 […]

Aereo files for Chapter 11 reorganisation

Internet entertainment streaming service Aereo, which suspended its operations June 28th following the Supreme Court copyright decision in favour of US broadcasters, has filed a voluntary petition for Chapter 11 reorganisation in the US Bankruptcy Court for the Southern District of New York. Aereo also announced that it has appointed Lawton Bloom of Argus to serve as Chief Restructuring Officer […]

Sky ups Pluto.TV investment

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.

Dailymotion seeks new investor

dailymotion

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 February, Orange CEO Stephane Richard […]

Watchup raises a further $2.75m

watchup

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 the reach of quality local […]

Harmonic backs Encoding.com

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 and video product experience along […]

Sky Arts £3m for ‘innovative’ TV

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 vibrancy and breadth of the […]

Sky in $7m Whistle Sports investment

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 a combination of youth-orientated celebrities, […]

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