Hebei province-based Risesun Real Estate Development Co. has signed an agreement with the government of the South Moravian region of âS Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Fertitta Capital, a new private investment firm focused on consumer-facing companies in the tech, media and entertainment sectors, has launched with a $500 million investment from Frank and Lorenzo Fertitta. Nakisa Bidarian will serve as CEO and co-founder of the firm.
Beverly Hills, California-based Vision Venture Partners, a new private equity firm, has launched. The firm has already made undisclosed investments in the hyper-growth esports, digital entertainment and lifestyle food and beverage sectors. VVP was founded by Amit Raizada, Rick Fox and Stratton Sclavos.
Jay Z's entertainment company is adding startup investing to its repertoire. Roc Nation, which Jay Z founded along with Jay Brown in 2008, is launching a "startup platform" called Arrive to invest in early-stage startups and help those companies build their brands.
Amazon Web Services has acquired Thinkbox Software, which makes technology used by media and entertainment architects and engineers to manage render farms — large systems for processing computer-generated graphics and video.
The venture builder that previously helped get companies like Dollar Shave Club, HelloSociety and FameBit off the ground, is launching a new media entertainment network.
Over the last five years, 1,003 investors have participated in at least one of the 360 deals in the US entertainment software space, according to the PitchBook Platform. Capital invested in the industry, which includes music streaming services like Spotify, rose dramatically between 2013 to 2014, jumping from $312.5 million to $993.9 million. In 2016, though, that figure dropped to $439.1 million.
The goals of Science are threefold: First, identify great entrepreneurs, get their products live, and find them supporting funding to build their dreams. The second is to drive growth for these businesses, and third is to realize the enterprise value of the businesses through private transactions or IPOs.
<p>Taiwan-based global live broadcasting platform Next Entertainment has bagged $25 million in Series A funding in a round led by China’s live streaming app Inke.</p> <p>The funds will be used for the company’s newly launched live streaming service MeMe, a platform that enables anyone to stream, interact with their audience, build a following, and get paid to do it.</p>
As co-founder and managing partner of Cross Culture Ventures, Nichols focuses on high-impact startups that leverage emerging global trends and the untapped talents of entrepreneurs of color. His partners include Troy Carter, founder of entertainment company Atom Factory and longtime manager for Lady Gaga, and Trevor Thomas, a seasoned investor who founded former airport lounge startup The Third Space.