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Cinetic Co-founder Debuts Investment Firm ErGo Media Capital
New York - Cinetic Media co-founder Matt Littin on
Wednesday launched ErGo Media Capital, a new entertainment and media investment
firm that will provide venture capital...
Qwest Invests $10 Million in VOD Firm ZillionTV
Santa Clara,
Calif. - ZillionTV, the provider
of a Web-based video-on-demand service, has received a $10 million investment
from Qwest Communications, Multichannel News reported.
Founded in 2007,...
Chinese Online Ad Firm Yoyi Media Lands Funding
Beijing - Yoyi Media, a
provider of targeted online ad services in China, announced on Wednesday that
it has closed its first round of funding, led...
Online Scrapbook Service Smilebox Adds $2M to Second Round
Redmond,
Wash. - Smilebox, the provider of
an online photo scrapbook creation service, announced on Wednesday that it has
raised $2 million in follow-on funding for its...
Report: Founders Fund Invests in Music Streamer Spotify
Luxembourg - Spotify, the European streaming music service
gearing up for its U.S. launch, has closed a new round of funding led by
Founders Fund, TechCrunch...
DubMeNow Raises $2.8 Million for Mobile Contacts Exchange
Vienna, Va. - DubMeNow, the developer of a mobile
platform that lets users exchange contact information from phone to phone, has
raised $2.8 million in new...
CitySide Tickets to Acquire StadiumTickets.com
Boston
- CitySide Tickets, a Boston-based event ticket purchasing service that caters
to a selection of theater, music, and sporting venues, announced on Tuesday that
it has...
Report: Fan-financed Album Site Sellaband Declares Bankruptcy
Amsterdam
- Sellaband, a site that facilitated fan-financed recordings for musicians,
filed for bankruptcy in a Dutch court on Monday, Hypebot reported.
The
company's website is currently down...
Warner Bros. Acquires U.K. Game Developer Rocksteady Studios
Burbank,
Calif. - Time Warner's (NYSE: TWX) Warner
Bros. Home Entertainment Group on Tuesday announced that it has acquired a
majority stake in London-based video game developer Rocksteady...
Mobile Games Firm Ngmoco Lands $25M, Acquires Freeverse
San Francisco
- Ngmoco, a developer and publisher of games for Apple's iPhone and iPod touch,
announced on Tuesday that it has raised nearly $25 million...
