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Internet TV Distributor Brightcove Raises $59.5 Million

Authored by Mark Hefflinger on January 17, 2007 - 9:06am.

Cambridge, Mass. - Brigtcove, a provider of Internet TV distribution services, announced on Wednesday that it has raised $59.5 million in its third round of financing.

tags: Deals | VC | Video | MTV | AOL | Brightcove | Internet TV | Maverick | AllianceBernstein | Brookside |

Internet TV Firm Brightcove Acquires Rich Media Publisher MetaStories

Authored by Mark Hefflinger on March 20, 2006 - 7:48am.
Cambridge, Mass. - Brightcove, an "open" Internet TV service, has acquiredMetaStories, a Seattle-based provider of rich media publishing technology, for an undisclosed sum. Both companies are privately held. Founded in 2000, MetaStories provides rich-media publishing technology used by a variety of media companies including Yahoo, MSN, USATODAY.com, Discovery Networks, National Geographic, and Scripps Networks. Massachusetts-based Brightcove's Internet TV service allows content owners to distribute content and build broadband businesses.
tags: Brightcove | Media Publisher | Deal | Acquisition | Internet TV | MetaStories |

Yahoo CEO Calls for U.K. Programs for Internet TV

Authored by Mark Hefflinger on September 20, 2005 - 9:06am.
London -- Yahoo CEO Terry Semel announced that he is planning to develop an international Internet TV network and invited U.K. broadcasters to provide programs that his company could distribute. Speaking at the Royal Television Society's Cambridge Convention, Semel said he wanted work with U.K. broadcasters to unlock their archives as part of a strategy to be "not a product company," but a "major distribution platform." Semel also urged independent producers to think of Yahoo as an outlet for new programming. "I don't think that Yahoo or any other Internet company should try to become a television network," Semel said. "We will be nowhere if we have to create our own content." Yahoo said it expects to have more than 200 million active users by year's end using services such as mail or Web hosting.
tags: Internet TV | Yahoo CEO | U.K. Programs |

Telecom Italia and Microsoft Enter Internet TV Partnership

Authored by Mark Hefflinger on September 13, 2004 - 4:43am.
Milan -- Telecom Italia announced on Monday that it has forged a partnership with Microsoft to begin testing the software giant's Internet Protocol Television (IPTV) software. Once completed, IPTV will allow telephone companies to offer TV-related subscriber services through two-way broadband networks, which in turn will enable TVs to be equipped with video-on-demand, interactive programming guides with video and multiple picture-in-picture capabilities, the companies said. With the news, Telecom Italia joins Bell Canada, Reliance Infocomm Ltd., SBC Communications Inc. and Swisscom/Bluewin, which are also working with the Microsoft IPTV platform.
tags: Microsoft | Deal | Internet TV | Telecom Italia |