This basically means most of your BC content will be available in one place if you’re a streamer. The other nice thing about this is that if you use a Comcast login and get ACCN you’ll be able to watch ACC Network and ACC Network Extra content all via and the ESPN App. Notre Dame - two upcoming tilts at Conte Forum that will be televised on ACCN. Penn State, or Friday night’s men’s basketball game vs. Per the ACC’s release, the network will become available “in the coming weeks,” so TBD on whether it’s soon enough for Thursday night’s BC women’s basketball game vs. The ACC Network is now available on pretty much every major TV/streaming provider, including Comcast/Xfinity, Verizon, DirecTV, YouTube TV and FuboTV. That deal included a 10-for-1 stock split, sources told Fortune, a move that startups typically make in preparation for an IPO.After a few years of squabbling and the regular dance of Comcast subscribers around here getting confused on football Saturdays about where to find the BC game, the ACC Network and Comcast have reached a carriage agreement that will bring the network to 90 million households across the US. Last December, the company sold $50 million in secondary stock to General Atlantic, which has also backed Vox Media. So their only viable avenue to cash out their investors is an IPO.īuzzFeed has turned down acquisition offers, including a handshake agreement with Disney in 2014. At these valuations, they are too expensive for many of the legacy media companies to acquire. Vox Media, for example, likes to tout Chorus, its in-house content management system. Even Huffington Post, which comes from the first wave of digital content companies, is reported to carry a price tag of $1 billion.Ī driving force behind the ballooning valuations of media startups is the narrative they’re telling about their technology. These deals follow Vice Media’s $2.5 billion valuation, which it got in a funding round last summer. Recode, which is owned by Vox Media, reported that NBCU is also nearing a deal to invest $200 million into BuzzFeed at a $1.5 billion valuation. ( Fortune first reported that the two had held deal discussions, which had fallen apart, in April.)īuzzFeed will surpass Vox’s valuation, if reports come true. The deal puts to rest – for now, at least – talk that Vox Media would sell to Comcast and NBCU. The companies will also cross-promote content, share technology, and launch new franchises together. NBCU and Vox will collaborate on things like video programming and advertising. Including the venture funding, Vox Media now is officially a startup “unicorn” worth more than $1 billion.ĬEO and founder Jim Bankoff noted in a statement that the funding is strategic. The latest round values Washington, D.C.-based Vox Media at $850 million, according to the Wall Street Journal. Its most recent round was a $46.5 million raise last fall at a reported valuation of $380 million. Other Vox investors include Accel Partners, Allen & Company, General Atlantic, Khosla Ventures and Ted Leonsis, the former AOL executive. Vox had previously raised $100 million in funding, including from the venture arm of NBC Universal’s parent company, Comcast (CMCSA). To wit: Vox Media announced Wednesday a $200 million round of funding from NBC Universal. More importantly, they’ve got the venture capital to support those ambitions. Vox Media, Vice and BuzzFeed, along with fast-growing up-and-comers like Business Insider, Mic, Bustle, Refinery29, and others, carry ambitions that far outstrip the first wave of digital media exits. The latest class of digital media companies is changing that perception.
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