Carlos Slim

Shazam raises US$40m from America Movil

Shazam has raised US$40 million (€31 million) in funding from Latin American telco America Movil, in a deal that sees the firms form a “strategic business collaboration” in the region. Second screen app and media recognition specialist Shazam said that the funds would help “accelerate Shazam’s ongoing growth in music, continued expansion into television and […]

Larry King launching at NATPE

Larry King’s new talkshow will launch internationally at NATPE next week and the chat show host will be in Miami to promote the series. Content Television is handling international sales of Larry King Now. The half-hour ongoing series is carried on Ora TV in the US, the online channel founded by king and Carlos Slim. […]

América Móvil launches Netflix rival

Latin America’s largest telco América Móvil is taking on Netflix with the launch of a cut-price programme streaming service. The Clarovideo service has rolled out in Mexico and undercuts Netflix with a monthly subscription fee of Peso69 (US$5.32). Netflix, meanwhile, launched last year and is priced at Peso99. In its latest financial results Netflix said it […]