BuddyTV Takes $2.8million Series A

Written by on July 30th, 2007 in Ajax News.

buddytv.jpgSeattle based BuddyTV (Advanced Media Research Group Inc.) has taken $2.8 million in Series A funding in a round led by Gemstar-TV Guide International.

BuddyTV is a television focused content network with a team of dedicated entertainment writers producing content that is complimented by users. The service also provides broadcastings tools. See our previous coverage here on the space.

NASDAQ listed Gemstar- TV Guide is best known in the United States for its TV Guide publication. Their involvement in the round is significant due to Gemstar - TV Guide’s background; this is a serious long term player in the television industry investing in a new media TV related startup. The expertise and depth of knowledge BuddyTV will now have access to should bide them well in an increasingly competitive vertical.

(via PeHUB)

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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/138882516/

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