Yep, Google’s in the Content Business. And Now It’s Fessing Up to Its Machinima Investment.
Like we told you earlier this month: Google has invested in Machinima, one of the most popular networks/channels on Google’s YouTube. Google — that’s Google Inc., not Google Ventures — now confirms that it led the $35 million round, along with previous investors Redpoint Ventures and MK Capital. My sources previously told me the deal would value Machinima at around $190 million.