BuddyTV, home to one of the web’s largest television-oriented communities, has raised $6 million in Series B funding from Madrona Venture Group. This round brings BuddyTV’s total funding to over $9 million.
BuddyTV aims to provide a comprehensive resource and community for television fans, serving up daily editorials, interviews, and discussions. Other features include a “Television Jockey” service, which allows users to stream video and audio live to other members as they share their thoughts on the latest TV events.
In June 2007 BuddyTV raised $2.8 million in a round led by Gemstar-TV Guide. Competitors to BuddyTV include MeeVee, which was recently placed on Deadpool watch.
We should note that previous rumors of BuddyTV’s acquisition by Comcast have proven to be false.
BuddyTV is actually doing some really cool things. Congrats to them!
You’ll be able to find out more information about BuddyTV when The Web War goes live!!
Check it out…
http://www.thewebwar.com
Big communities of TV fans… congrats!
seems there is something wrong with the links
BuddyTV links to buddy.tv instead of buddytv.com
Seems there are a lot of new “tv” internet startups. I just found this one called CrushTV, which is a startup by a couple of college students in California. They are building some great content and I think they have some good potential if they are able to execute their idea right. The best way to describe it is a cross between MTV’s Real World and Girls Gone Wild. We wrote a post about them on our blog College Mogul that follows college entrepreneurship. Here is the link:
http://collegemogul.com/2008/04/01/crushtv/
What sort of contractual agreements does Buddy have with the networks to use their show’s brands. Also how much of Buddy’s valuation is tied into to these agreements and what would happen if the networks were to bring the social networks surrounding their shows in house?
Casey Edwinson
Congrats to Andy, David and the BuddyTV team as well as the folks at Madrona. I wish you all the best.