News Byte

Airtime Raises $25M, Brings in Early Hulu Team by Acquiring Their Start-Up, Erly

Airtime, the soon-to-launch video start-up from the co-founders of Napster, has raised $25 million in Series B funding led by Kleiner Perkins Caufield & Byers and including Andreessen Horowitz, Accel Partners, Google Ventures, and the Social + Capital Partnership, as first reported by TechCrunch and confirmed by the company. Airtime also acquired Erly, the young, KP-backed event-photo-sharing start-up created by the early Hulu product team.

Napster Founders’ Airtime to Debut June 5

Sean Parker and Shawn Fanning’s Airtime has invited media to a launch event in New York City on June 5.
Airtime

Sean Parker and Jim Breyer Slam Silicon Valley Funding Glut

Early Facebook exec Parker and Accel partner Breyer claim that freely available money spreads talent too thinly among too many Internet start-ups, lessening the impact of each company.
Sean Parker and Jim Breyer with Techonomy host David Kirkpatrick

The Winner of the 2008 Election Is … Tina Fey

“If she wins, I’m done. I can’t do that for four years. And by ‘I’m done,’ I mean I’m leaving Earth.” That’s what Tina Fey had to say about the future of her uncanny impersonation of Alaska Gov. Sarah Palin. And while that’s understandable, it’s a pity for “Saturday Night Live,” which has been enjoying record online viewership thanks to Fey’s performances.