Media

Yep, Google’s in the Content Business. And Now It’s Fessing Up to Its Machinima Investment.

Published on May 21, 2012
by Peter Kafka

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.

Return to: Yep, Google’s in the Content Business. And Now It’s Fessing Up to Its Machinima Investment.

URL: http://allthingsd.com/20120521/yep-googles-in-the-content-business-and-now-its-fessing-up-to-its-machinima-investment/