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Latest in The Raine Group
Moonbug Raises $145 Million To Acquire Kids’ Content
Children’s entertainment company Moonbug Entertainment has raised $145 million in funding to acquire and broadly distribute children’s programming.
The funding round, which is led by The Raine Group, follows the young company’s first acquisition, Little Baby Bum. The YouTube channel created by a husband and wife in…
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Cheddar Raises $22M Series D Round; “Post-Cable” Business Network Expanding Into News, Overseas
Cheddar, which bills itself as a “post-cable” media network covering the business world, said it has raised a $22 million Series D round of financing, which includes new investors such as Liberty Global and Goldman Sachs.
Existing investors, including major media players AT&T, Amazon, Comcast Ventures and Altice USA…
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By Dade Hayes
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Ben Silverman & Howard T Owens’ Propagate Gets Backing From Raine Group
Ben Silverman and Howard T. Owens' independent TV studio Propagate has secured a significant financial investment from global merchant bank, The Raine Group. The exact amount was undisclosed but will be used by Propagate to accelerate the company's global growth. That will include the launch of new ventures and…
SoundCloud Saved By Cash Infusion; Kerry Trainor Becomes CEO
SoundCloud lives to play another day: The so-called YouTube for audio, which ran into cash problems this year when it introduced a subscription service, says today that it will receive “a significant investment” from The Raine Group and Singapore-based investment company Temasek.
Techcrunch pegs the investment…
WME-Connected Raine Group Played Unsung Role In Yahoo-Alibaba Deal
A Hollywood-connected name was missing from yesterday’s press release announcing Yahoo’s $7.1B agreement to sell half of its stake in Alibaba Group — equal to 20% of the Chinese e-commerce operation — back to the company. The deal also affects Japan’s Softbank, which owns 29% of Alibaba. It was advised in the deal by…
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