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AdvertisingVerizon and Hearst partner on Complex acquisition
The deal, which will see a 50/50 ownership structure, reportedly values the millennial-male-focused online publisher at $250 million to $300 million.
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FeaturedFiretalk emerges from beta stage
Co-founder Rush Doshi shares how his company plans to monetize on live-streaming, and what challenges lie ahead for the medium.
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DistributionCuriosityStream explores The Living Universe
The SVOD has partnered on the $5-million co-pro, which will consist of a feature doc and television series chronicling the search for alien life.
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FeaturedMashable to delve further into original video
Since launching its digital video studio one year ago, the tech and business news site reports a 69% growth in branded-content revenue.
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FundingPlaybuzz attracts $15 million in financing
The funding, led by Saban Ventures with participation from the Walt Disney Company, will help the viral-content maker expand on its branded offerings.
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FundingLeSports secures $1.2 billion in series B financing
The company, now valued at $3.3 billion, specializes in acquiring streaming rights to sporting events, as well as creating “smart” fitness devices.
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FeaturedWhistle Sports secures $20 million in Series C
New to the latest round of investors are NBC Sports Ventures and Tegna Media. Sky and Emil Capital also participated in the round.
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FeaturedFuboTV scores Sky, 21st Century Fox funding
The two media giants have each put $6 million into the soccer-focused OTT service, as it looks to grow its content offerings and subscriber base.
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FeaturedGunpowder & Sky banks on viral video
The indie studio has invested in Shareability, which specializes in creating short-form branded video. The two will now work to create serialized content.
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FeaturedVimeo shares the screen with Ava’s Impossible Things
The VOD has also partnered with incubator Big Vision Empty Wallet on its Kickstart Diversity program, which aims to promote diversity in film.
Funding
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