online media
Netflix layoffs hit Tudum, its editorial arm, just five months after launch
Netflix laid off a contingent of its editorial staff just five months after launching its in-house publication Tudum. Netflix declined to share further details, but said that the Tudum is not being sh
EWA, which taps into popular media to teach languages, hits 51M downloads and 3.5M MAUs and raises its first outside funding
Online language learning continues to be a huge opportunity for startups, with the most engaging experiences meeting a surge of interest from consumers looking for more productivity out of the hours t
Pixel Vault banks $100 million in funding to chase an NFT media empire
The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke all of the lasting value from popular culture, while boosters se
North Base Media leads $2.7M pre-Series A funding in digital media startup Vietcetera
Ho Chi Minh City-based Vietcetera, a digital medial network originally created for millennials and Gen Z, will broaden its target demographic after getting $2.7 million in pre-Series A funding. The ca
Conan O’Brien on how to embrace an ever-changing media landscape
“Like most of the best things in my life,” Conan O’Brien explains, with a wry smile, “the success of the podcast was a complete surprise.” The answer is a typically self-effacing one from th
Google report: Southeast Asia’s digital economy to triple to $240 billion by 2025
It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region’s digital economy is forecast to triple in s
Tap tap tap
We are now walking through a media desert. While access to content is astronomically high, the content that we read is dead, lifeless, and derivative. Yes, I see the irony in posting my criticism of t
Nigeria-based Online Entertainment Platform iROKO Will Finance “Nollywood” Films After Raising $19M
iROKO, an online entertainment platform that targets audiences in Sub-Saharan African countries, plans to strike more deals in Nigeria’s booming movie industry after securing $19 million in funding
China, India, Russia and Mexico Are The Top Emerging Markets For Online Media Companies, Says Ernst & Young
While the U.S. still has the highest earning potential for both online media and entertainment companies, emerging markets like China, India, Russia, and Mexico are quickly catching up. A new report b
Vox Media Raises $46.5M At A Reported $380M Valuation
Vox Media, which owns sites like The Verge, Racked, and SB Nation, has raised $46.5 million from General Atlantic at a valuation of $380 million. The new funding, which is supposed to be announced on
Vice Media Confirms Another $250M Investment, From New Investor TCV
Late last month Vice Media confirmed it was selling a $250 million state to TV group A&E Networks, valuing the company at $2.5 billion. It's now added a second $250 million investment, this time f