“At ABC, Cheng has helped drive the network forward by focusing on quality. Rather than go after YouTube Inc. on distribution, ABC went after quality: delivering episodes of Lost in high def, for example. Video is delivered by red-hot Move Networks Inc. (which recently closed a $46 million funding round).”
In the News
Microsoft Links with Move Networks for “DVD-Like” Online Video Experience
Beet.TV | April 19, 2008
Last week at the National Association of Broadcasters show, the first ever integration of Move’s media player and Microsoft Silverlight was demonstrated. The following news article and video clip shows just how excited Microsoft is to be working with Move–to bring the online video experience to the next level!
NAB Anecdotes: What Happens in Las Vegas
Contentinople | April 16, 2008
Contentinople is fighting convention fatigue to bring you these thoughts, tidbits, and anecdotes from the second day of the NAB Show.
What company has the biggest buzz at the show? From the people Contentinople has talked to so far, it seems to be Move Networks Inc. Not only did the company capture a pretty giant round of funding, but it has also captured a decent amount of mind share among people at NAB, it seems.
Online Video Big Willie Style
Contentinople | April 16, 2008
Entertainer Will Smith’s Overbrook Entertainment has launched the startup PluggedIn, an online hub for music videos with a $2 million investment.
PluggedIn has deals with Universal Music Group , EMI Group plc (NYSE: EMI), and Sony BMG . At launch, the site has about 10,000 high-def and broadcast-quality videos, delivered by Move Networks Inc. , which just closed on $46 million in funding.
PluggedIn Launches, Hopes To Pry Kids Loose From YouTube
Silicon Alley Insider | April 16, 2008
We know music videos are popular on the Web. The question is whether the kids that drive them to the top of the rankings care enough about quality to leave YouTube. Investors in startup PluggedIn Media thinks they do. The startup, backed with $2 million in venture funding from Will Smith’s Overbrook Entertainment and others, will stream “near DVD-quality videos” on the Web, and has deals with three of four majors: Universal Music Group, EMI and SonyBMG. (The site has no overall licensing deal with Warner Music Group (WMG), but some individual deals for videos.)
Will Smith Thinks PluggedIn Can Get Jiggy With It
CNet News | April 16, 2008
Actor Will Smith–or rather, his entertainment company, Overbrook Entertainment–is one of the investors behind a $2 million funding round for PluggedIn Media, a new site for watching high-definition and broadcast-quality music videos online, PaidContent.org reported Tuesday evening.
PluggedIn (wonder how much they paid for that domain?) reportedly has about 10,000 music videos in its catalog, thanks to contracts with Sony BMG Music Entertainment, EMI Group, and Universal Music Group. The videos are accompanied by artist profiles and some community features.
Will Smith and Others Invest About $2 Million in Music Video Startup PluggedIn
Washington Post | April 16, 2008
A new music video destination is launching tonight, and yes, another one. PluggedIn, a new site based in Santa Monica, is launching with about $2 million in venture funding from Will Smith’s entertainment company, Overbrook Entertainment and others, CEO Jeff Somers told me today. The company says it has deals with Universal Music Group, EMI and SonyBMG, and will launch with about 10,000 HD and broadcast quality videos. The video is being delivered by Move Networks, which is the high-def video tech company that just announced its own$46 million round. PluggedIn has hopes of being the destination site of music videos (licensed and third party from around the Web), with artist profiles and community built around it.
Move Networks Closes $46 Million Round
Contentinople | April 15, 2008
Video streaming company Move Networks Inc. has raised $46 million in Series C funding. Last month, the Series C round had been rumored to be in the $34 million range, a number that CEO John Edwards dismissed as low at the time.
The company now confirms the figure is $46 million with Benchmark Capital , Cisco Systems Inc. (Nasdaq: CSCO), Comcast Interactive Media (CIM Labs) , Televisa , Steamboat Ventures , and Hummer Winblad Venture Partners contributing.
