Warner Bros. Entertainment is taking full control of gaming-focused multichannel network Machinima. The Burbank-based studio led an US$18 million funding round in Machinima in 2014, and has been consistently linked with a full takeover since then. It has now signed an agreement. Past investors include Redpoint Ventures, MK Capital, former chairman and CEO Allan Debevoise. […]
Scripps Networks Interactive has led a US$25 million round of Series C funding in US YouTube channel and digital food network Tastemade. Participation in the round also came from Liberty Media, Comcast Ventures, Redpoint Ventures and Raine Ventures. California-based Tastemade makes millennial-targeted, food-related content that appears in more than a dozen languages across sites like […]
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 […]
