$46 MILLION TO WATCH TV OUT OF HOME GOES TO SLING MEDIA.....Big backers for Sling (from www.advanced-television.com)
Liberty Media and EchoStar Communications are investing in Sling Media, a small Silicon Valley company that lets people watch TV on their computers away from home. The start-up said Liberty and EchoStar were two of the investors in a new, $46.6 million round of funding, which Sling Media will use for product development and international expansion.
Pix of Sling Media box from the company's website
Other new investors include Goldman, Sachs & Co. and Allen & Co., said Blake Krikorian, Sling Media's chief executive. Venture-capital firms DCM-Doll Capital Management and Mobius Venture Capital, as well as Hearst Corp. -- all three were previous investors in Sling Media -- also participated in the latest funding round.
The $250 Slingbox lets people watch shows from their home TV services on regular PCs and laptop computers and, soon, high-end cellphones. The technology is known as "place shifting," since it shifts a home TV show -- whether one shown through a cable connection or cable box, satellite receiver, or digital-video recorder, such as a TiVo machine -- to another device.Sling Media says it could help the media companies integrate their TV shows with other types of internet content and advertising.
Other recent stories on SLING MEDIA:
|Sling Media Takes Cable TV To Mobile Phones|
InformationWeek, NY -
Sling Media plans to unveil on Thursday software that would enable a mobile device to access a person's cable TV service from anyplace where there's a high ...
|Sling Extends TV Control|
Red Herring, CA -
Sling Media, the company that added real mobility to traditional TV viewing, on Thursday introduced SlingPlayer Mobile, a software client that allows users to ...
FROM THE WWW.slingmedia.com website....where to buy it today-- an impressive list of retailers:
The Slingbox can be found at the following national retailers: