buddytv

BuddyTV Takes $2.8 million Series A

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buddytv.jpgSeattle based BuddyTV (Advanced Media Research Group Inc.) has taken $2.8 million in Series A funding in a round led by Gemstar-TV Guide International.

BuddyTV is a television focused content network with a team of dedicated entertainment writers producing content that is complemented by users. The service also provides broadcasting tools. See our previous coverage here on the space.

NASDAQ listed Gemstar- TV Guide is best known in the United States for its TV Guide publication. Their involvement in the round is significant due to Gemstar – TV Guide’s background; this is a serious long term player in the television industry investing in a new media TV related startup. The expertise and depth of knowledge BuddyTV will now have access to should bide them well in an increasingly competitive vertical.

(via PeHUB)

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