Entertainment Fan Site BuddyTV Raises $2.8 Million In First Round Led By Gemstar-TV Guide
By David Kaplan - Mon 30 Jul 2007 09:05 AM PST
TV community site BuddyTV has raised $2.8 million in a first round financing, PEHub reported. In May, Seattle-based BuddyTV received a venture loan of $250,000 from the Charles River Quick Start Seed Funding Program.
This first round was led by Gemstar-TV Guide International, which over the past year has been trying to remake TVGuide.com into more of a community site. In February, TVGuide bought some of the assets of TV listing site eVokeTV. Before that, Gemstar, which is currently considering a possible sale itself, had acquired other TV-fan focused sites such as Jumptheshark.com, TVShowsOnDVD.com, TV-now.com and FansofRealityTV.com.
BuddyTV has tough competition from every TV fan blog and community site out there.
Posted in: Media, TV, Social Media, VC+M&A
