Category archives for: Funding

Netflix: “We’re feeling incredible about international”

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 years ago, so we’re getting […]

MTG media alliance targets digital opportunities

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 opportunities in the digital space, […]

Sky backs Pluto.TV

Sky has invested $500,000 in LA-based online video aggregator Pluto.TV as part of its strategy to drive innovation by partnering with pioneering technology companies. Pluto.TV is an online television platform that aggregates video content from across the web and programmes it into themed TV channels. By using a combination of technology, data and a team of specialist editors, Pluto.TV offers […]

Simplestream secures Beringea funding

OTT live streaming services specialist Simplestream has secured substantial funding from international growth capital firm Beringea. The investment will accelerate the expansion of TVPlayer, Simplestream’s B2C live TV streaming service, and facilitate the addition of more channel packs and multi-channel catch-up functionality. TVPlayer is a live TV aggregator of more than 45 free-to-air channels, enabling consumers to watch their favourite […]

Wananchi raises $130m expansion funds

African triple-play operator Wananchi Group, owner of the Zuku Fiber, Zuku pay-TV and Simbanet business services brands, has raised $130 million to fund its growth and expansion in East and Southern Africa. “The new capital investment will be used to consolidate the group’s market leadership in East Africa and to extend our services across East and Southern Africa. We will […]

Sky increases Roku investment

Sky has made a further $0.7 million equity investment in OTT streaming platform Roku. This follows the total investments of $12.2 million made by Sky in Roku in July 2012 and May 2013, and is to provide financing for Roku’s operations and activities. 21st Century Fox, which holds a 39.14 per cent controlling stake in BSkyB, has also made a […]

Sky invests $5m in ad-firm Sharethrough

Sky has invested $5 million in the US advertising technology firm Sharethrough as part of its strategy to drive innovation by partnering with emerging technology companies. Sharethrough is a specilaist in ‘native advertising’, offering software that enables publishers to monetise their sites and apps with adverts that are non-interruptive and stylistically similar to the surrounding content. Sky’s investment builds on […]

Thomson gets new investor

Thomson Video Networks is to get a new investor in the shape of Edmund de Rothschild Investment Partners. Thomson itself is a technology broadcast company specialising in video compression, transcoding and processing for media businesses. Headquartered in Rennes, France, the company had offices in 16 countries. Thomson sold off its Technicolor division in March 2011. Thomson is currently part of […]

Russia Today gets $400m Putin boost

Russia Today (RT), the pro-Kremlin news broadcaster, has received a major financial boost from Russia’s government. According to The Times of London Russia Today will receive 15.38 billion Roubles (about $400 million) for its 2015 budget, and up from last year’s 11.87 billion Roubles. Other reports suggest that Russia’s parliament is considering a proposal to limit inward investment into Russian […]

Murdoch: I didn’t want TW deal debt

Rupert Murdoch has told his own Fox Business Network that he dropped his pursuit of Time Warner over concerns the deal would require his 21st Century Fox to take on too much debt load. Fox made an unsolicited $80 billion bid for Time Warner in July, the bid was rejected and dropped a month later. “I just felt with all […]

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