Allen DeBevoise


TV companies join Sky in Drone Racing

A raft of international TV and media players have invested in the Drone Racing League. Yesterday pay TV platform Sky said it was sinking US$1 million into the Drone Racing League, and later in the day the DRL announced the other partners in its US$12 million funding round. ProSiebenSat.1, MGM and A+E backer Hearst are […]

Machinima looking for funding to boost originals slate

Videogame-focused online video network Machinima is reportedly looking to raise a new round of funding after hiring financial advisors Allen & Co. According to an All Things D report, Machinima is aiming for a “mega-round” of financing that could reach the “US$70 million-plus” range, in order spend more money licensing original shows. It is also […]