Providence Equity Partners’ seventh fund will likely come in at around $5 billion, according to two sources who attended the firm’s annual meeting last week. Separately, Providence has finally completed the sale of their 10% stake in Hulu for $200 million.
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Integrate said it raised $11 million in a round led by Comcast Ventures and joined by Liberty Global and existing investor Foundry Group. The Series B financing brings the total raised by the company to $15.2 million. The new money will help the ad tech company push ahead on product development. PRESS RELEASE COMCAST VENTURES [...]
(Reuters) – Little-known online games company Trion Worlds, after raising more than $100 million in venture capital since 2006, is looking at becoming the newest debutante at the digital media IPO ball. Not unlike larger and better-known games company Zynga, which filed for an IPO of up to $1 billion in July, Trion is considering [...]
WASHINGTON (Reuters) – The Tennis Channel said on Wednesday it filed a complaint against Comcast Corp with U.S. regulators, alleging that the top U.S. cable operator favors its own programs over others. The Tennis Channel, seeking a wider audience, said Comcast offers its tennis programs on the premium tier of sports shows which is watched [...]