Buddytv
BuddyTV Raises $6 Million From Madrona Venture Group
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by Jason Kincaid on April 13, 2008

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.

Comcast Acquires BuddyTV
16 Comments
by Duncan Riley on September 16, 2007

buddytv.jpgAn unconfirmed report has BuddyTV being acquired by Comcast. We’ve got requests for confirmation in with BuddyTV and are waiting for a response.

Seattle based BuddyTV is a television focused content network with a team of dedicated entertainment writers producing content that is complemented by users. The company took $2.8 million from Gemstar-TV Guide in July. Comcast previously acquired Fandango, an online movie ticket selling company that also ran a entertainment guide called Fancast.

If confirmed, it’s an interesting buy that fits more in the blogging acquisition space, placing the deal alongside the acquisitions of Weblogs Inc and more recently TreeHugger. Certainly BuddyTV’s mix of paid writers/ bloggers and user contributions highlights the value of content in a market where service/ product acquisitions usually get most of the press.

More if and when we are able to confirm the deal.

(via PC)

BuddyTV Takes $2.8 million Series A
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by Duncan Riley on July 30, 2007

buddytv.jpgSeattle based BuddyTV (Advanced Media Research Group Inc.) has taken $2.8 million in Series A funding in a round led by Gemstar-TV Guide International.

BuddyTV is a television focused content network with a team of dedicated entertainment writers producing content that is complemented by users. The service also provides broadcasting tools. See our previous coverage here on the space.

NASDAQ listed Gemstar- TV Guide is best known in the United States for its TV Guide publication. Their involvement in the round is significant due to Gemstar - TV Guide’s background; this is a serious long term player in the television industry investing in a new media TV related startup. The expertise and depth of knowledge BuddyTV will now have access to should bide them well in an increasingly competitive vertical.

(via PeHUB)

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