BuddyTV, home to one of the web’s largest television-oriented communities, has raised $6 million in Series B funding from Madrona Venture Group. This round brings BuddyTV’s total funding to over $9 million. BuddyTV aims to provide a comprehensive resource and community for television fans, serving up daily editorials, interviews, and discussions. Other features include a “Television Jockey” service, which allows users to stream video and audio live to other members as they share their thoughts on the latest TV events. In June 2007 BuddyTV raised $2.8 million in a round led by Gemstar-TV Guide. Competitors to BuddyTV include MeeVee, which was recently placed on Deadpool watch. We should note that previous rumors of BuddyTV’s acquisition by Comcast have proven to be false. CrunchBase Information BuddyTV MeeVee Information provided by CrunchBase → Read More
A few years ago, online TV guides were just a paperless version of what was arriving in the mail or the middle of Sunday papers. Today, however, as we get closer to the world of TV over IP and video on demand in every home, the space is evolving, giving customers more than they can get in paper. At the same time, advertisers are realizing that TV guides with demographically targeted content present a promising vehicle for delivering targeted ads. Market penetration for these sites is still relatively modest, but it is growing and, as the prospect of not just finding television programming, but also watching it online, becomes more likely, usage will grow exponentially. Just as very few people bother to check the newspaper for movie times at their local theatre, preferring to go online instead, fewer and fewer people rely on the old print version of television listing times. There are just too many benefits to going online. We explain why below. As of today, all sites with guides are free and it appears they will remain so, hoping their targeted content will attract more users and thereby enough advertisers or affiliate sales (think iTunes-like content downloads) to build sustainable businesses. The best features on these sites are those that are moving beyond listings and doing a good job of matching viewer’s interests and habits with programming content. If it sounds akin to online dating sites, well… it is. Your potential matches, in this case, are TV programs. The big win, however, is to link these listings directly to TV over IP content, something that will require industry-level psychological and legal evolution. The companies listed here are the major providers of TV programming schedules online across local, cable, and satellite. MeeVee, Zap2It, and TitanTV also syndicate, making guides available across a number of sites. Individual cable or satellite providers and sites that provide listings in conjunction with hardware/software solutions, like SnapStream, will not be reviewed in this post. → Read More
