DMW Games has teamed up with one of LA's hottest startups, Scopely, to host a reception for investors, startup Founders, VIPs and games and interactive execs at SXSW Interactive this evening. . Read More
Multi-channel YouTube network MiTú, which exclusively addresses Latino audiences, has obtained financing from the Chernin Group and some other very interesting investors. Read More
The Chernin Group has invested $10 million in Base79, a U.K.-based online media company that operates 550 YouTube channels, in exchange for an estimated 20-28 percent stake. Read More
The Chernin Group announced it has secured “a significant equity investment” from Qatar Holding LLC. Terms of the deal were not disclosed, but reports value the deal at about $100 million. Read More
![Just $1 unlocks celebrity comedy clips and saves lives <br />[with trailer]](http://www.dmwmedia.com/wp-content/themes/cadabrapress/scripts/timthumb.php?src=http://www.dmwmedia.com/wp-content/uploads/2012/09/Malarious-Ellie-Kemper-150x150.jpg&w=150&h=150&zc=0)
CollegeHumor.com is making it possible to save lives simply by watching funny video clips starring 30 of Hollywood's well-known talents, in a joint initiative with Malaria No More. Read More
Richard Branson and Peter Chernin are among investors participating in $85 million in new funding for Tumblr, in a round that was led by Greylock Partners and Insight Venture Partners. Returning investors Spark Capital, Union Square Ventures, and Sequoia Capital also participated. This brings Tumblr’s total capital raised to over $125 million. The company reports having 30 million blogs on its platform and receiving 13 billion page views a month, a leap up from 2 billion page views the same time last year. . Read More
Oakland, Calif. – Streaming music service Pandora said on Thursday that former News Corp. president and COO Peter Chernin, and former Netflix CFO Barry McCarthy have been elected to its board of directors. "Peter brings an extraordinary track record of leadership at some of the world’s most successful global media companies," said Pandora CEO Tim Westergren. "His diverse talent and deep experience will be invaluable as we seek to accelerate our growth. Additionally, Barry’s decade-plus tenure as chief financial officer at a truly great consumer services company [...].
