The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Tinselvision Gets Second Round Funding Of Over $3 Million

  • Comments Comments (View)
  • Text Size: A A

A fresh influx of more than $3 million in funding for Tinselvision, a video-on-demand (VoD) service targeting South Asian communities in the US, UK and Canada, has been led by its current largest investor -  Innovative Entertainment Limited, a Geneva based subsidiary of Innovate Energy Group. The Series B financing, Tinselvision claims, gives it a “pre-launch, post-money valuation at nearly $20 million”. IEL had invested $3 million in the venture just five months ago. Chase Weir, Chairman and CEO of TinselVision says the company’s shares have nearly doubled in value. They have struck online distribution deals for television content with STAR TV, Zee TV, Zoom TV (BCCL group co) and Bollywood film content from Yash Raj Films. Money from the current round of funding will be used for investing in online marketing, hiring, content acquisition, advertising sales and distribution.

Nov 19, 2007 11:08 PM ET

Posted In: Entertainment, Movies, Bollywood, Media & Publishing, TV, Money, M&A & Venture Capital, Venture Capital

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Kobo Kobo
1. Catch Me
2. Kill Shot: An American Assassin Thriller
3. Eve
4. Betrayed (Book #3 in the Vampire Journals)
5. HBR's 10 Must Reads on Managing People
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Staff