• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, May 13, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Time Warner’s Turner Leads Mashable’s $15 Million Funding Round

by Chinmay Bidkar
March 31, 2016
in News
Reading Time: 2 mins read
0
Time Warner’s Turner Leads Mashable’s $15 Million Funding Round
TwitterWhatsappLinkedin

Mashable_1.22_Signage
31 March 2016, USA :
Time Warner Inc.’s Turner division led a $15 million funding round for the news website Mashable, marking the latest investment by a traditional TV network in a digital media company.

You might also like

Trump-Appointed Officials Denied Entry to U.S. Copyright Office Amid Leadership Shake-Up

Qatar’s $400 Million Jet Gift to U.S. for Trump’s Use as Air Force One Raises Eyebrows

Lehigh County Halts New Tesla Investments Over Musk’s Political Focus and Company Decline

Turner’s TBS and TNT channels and Mashable will co-develop and distribute video content, and the two companies will work together on new technology and advertising opportunities, according to a statement Thursday. In addition, Kevin Reilly, chief creative officer for Turner Entertainment and president of TBS and TNT, will join Mashable’s board.

Turner and other media companies are looking to digital publishers to reach younger audiences that may not subscribe to cable or satellite TV. The network will gain access to Mashable’s Velocity platform, which uses data to predict when Web content will go viral on social media.
Mashable will use the latest funding round to expand its video offerings, including on traditional TV, and enhance its advertising capabilities, according to the statement.
Earlier this month, Mashable said it will make four short-form Web series with NBCUniversal’s Bravo, agreeing to work with a traditional TV network on a slate of shows for the first time.
Mashable, founded in 2005 by Pete Cashmore, created an in-house video unit last year to produce series for its website, social networks and a growing list of companies interested in the short-form video medium. As advertisers spend more on online video, digital media companies like Mashable, BuzzFeed and Vox Media are investing in video production to attract funding and potentially lead to work in traditional television, with its massive reach and lucrative advertising.

Other media companies such as Comcast Corp.’s NBCUniversal have partnered with digital publishers to reach younger audiences. NBCUniversal invested $200 million in Vox Media and BuzzFeed last year.
Mashable’s latest funding round also came from Time Warner Investments, Updata Partners, David Jones and Mike Lazerow, and R&R Venture Partners.
Image : Mashable

Tags: David JonesfundingmashableMike LazerowR&R Venture PartnersTime warnerUpdata Partners
Tweet54SendShare15
Previous Post

$30M snatched by Airware to sell complete drones to the Fortune 500

Next Post

Flipkart’s Manish Maheshwari As CEO Of Web18

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Trump-Appointed Officials Denied Entry to U.S. Copyright Office Amid Leadership Shake-Up

by Harikrishnan A
May 13, 2025
0
Trump-Appointed Officials Denied Entry to U.S. Copyright Office Amid Leadership Shake-Up

A pair of unexpected visitors claiming to be newly appointed Trump administration officials caused confusion at the U.S. Copyright Office this week. The incident follows a wave of...

Read more

Qatar’s $400 Million Jet Gift to U.S. for Trump’s Use as Air Force One Raises Eyebrows

by Harikrishnan A
May 13, 2025
0
Trump Warns Google will be “shut down” if it’s not Careful

President Donald Trump is set to receive a lavish gift from the royal family of Qatar—a Boeing 747-8 jet reportedly worth $400 million. The 13-year-old aircraft, often described...

Read more

Lehigh County Halts New Tesla Investments Over Musk’s Political Focus and Company Decline

by Harikrishnan A
May 13, 2025
0
Tesla Owner Burns Down Car and House After Plugging Directly Into Power Line

Lehigh County in eastern Pennsylvania has voted to stop purchasing new Tesla stock, citing concerns over the automaker’s declining financial performance and CEO Elon Musk’s increasingly political public...

Read more
Next Post
Flipkart’s Manish Maheshwari As CEO Of Web18

Flipkart’s Manish Maheshwari As CEO Of Web18

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?