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Providence’s Fund VII Target Reduced to $5B

Posted on: October 15, 2012 by Luisa BeltranNo Comments »

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.

Providence Nears Sale of Hulu Stake: Report

Posted on: April 26, 2012 by Luisa BeltranNo Comments »

Walt Disney, Comcast Corp. and News Corp are buying Providence Equity’s 10% stake in Hulu, according to a report.

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Integrate Raises $11M From Comcast, Foundry Group, Liberty Global

Posted on: March 21, 2012 by mbosletNo Comments »

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 [...]

VC-Backed Game Maker Trion Worlds Ponders IPO

Posted on: October 22, 2011 by Reuters News1 Comment »

(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 [...]

VC-Backed Tennis Channel Files Complaint Against Comcast

Posted on: January 7, 2010 by PEHub Administrator1 Comment »

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 [...]