Vice has raised $450M ahead of a potential IPO

 Vice Media has raised $450M in new funding from private-equity firm TPG, with a deal valuing the media company around $5.7 billion post-money. Shane Smith, co-founder and CEO of Vice was just on CNBC answering questions about the funding and Vice’s plans to eventually become a public company. While remaining cryptic, Smith did note that this raise is “what we would do if we were… Read More

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Twitch expands game sales to more streamers

 In March, video game streaming site Twitch introduced a new way for its streamers to make money: by selling games directly to their fans. Initially, however, that feature was only available to Twitch’s Partners – that is, the site’s top-tier streamers with large audiences. Today, Twitch is adding game sales to its newly launched Twitch Affiliate program, as well. The… Read More

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Microsoft’s game streaming service Beam rebrands as Mixer, adds co-streaming, a guide & mobile broadcasting

 Microsoft’s live-streaming service Beam, which the company acquired last year shortly after it emerged as the winner of the TechCrunch Disrupt Startup Battlefield, is today getting a new name: Mixer. The name is meant to express the way the service brings people together, the team explains, but it’s not the only change rolling out today, as it turns out. Mixer is also launching… Read More

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Amazon expands Amazon Channels to UK, Germany, taking aim at pay-TV users

 The race to control the TV is on, and today comes some news out of Europe underscoring Amazon’s ambitions in that department. The e-commerce giant announced the launch of Amazon Channels in the UK and Germany — its two biggest markets in the region — which will see Amazon, for the first time, offer close to 50 live and on-demand streamed channels to the region as part of… Read More

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Free streaming service Tubi TV grabs $20 million in new funding

 San Francisco-based Tubi TV has raised an additional $20 million for its advertising-supported streaming service for TV and movies. Investors in the round are betting on the fact that the next big streaming competitor won’t be a direct rival to Netflix and others with a subscription-based business model, but rather a free service that offers a wide variety of titles for free viewing. Read More

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Music royalty collector Kobalt nabs $75M led by Hearst Entertainment at $775M valuation

 As music streaming continues to grow in ubiquity, a company that’s built a platform to collect royalties on music played across billions of streams is cashing in on the opportunity. Kobalt, the European startup that has built technology and a platform to collect music royalties by tracking when even a sample of a song is played across multiple platforms, has raised another $75… Read More

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