Investors still backing video and music creators — looks like a bubble
Venture money continues to flow into video and music content creators, at prolific rates.
Today there’s news from London that a London investment group, Ingenious Media, has raised $79 million to invest in media deals, including to finance comeback albums from past-their-prime rock bands. (Last month,… Continue Reading
Podtech takes on more debt — but must decide whether fish or fowl
updated
Plenty is being written about the woes of podcast company Podtech.
Now the company tells us it is taking on more debt, and will be making an announcement soon. This follows a recent $2 million round of fresh capital reported last week.
Podtech, a San Mateo,… Continue Reading
The politics of Hollywood — National Banana, Film Department redux
This video-content sector is getting silly, not just because it’s overcrowded.
Last week, we wrote about National Banana, a somewhat mediocre Santa Monica-based video site, where Hollywood producer Jerry Zucker, creator of Airplane! and Naked Gun, is leading the company’s production. The company received $1 million… Continue Reading
Two more video companies: National Banana, RockinCat
Silicon Valley’s venture capitalists continue to pump money into new video companies, even though there are hundreds, if not thousands, of video sites already out there.
The latest include National Banana, a site that produces serial comedy videos, and RockinCat, music videos from the Sunset Strip.
National… Continue Reading