Media Investment | Business
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Vemba, which focuses on new video formats in social, over-the-top (OTT) and web platforms, has raised $6 million in series A-1 funding from Time Warner Investments and SpotX, with participation from existing investors Upfront Ventures and Bertelsmann Digital Media Investments.

Chinese investment fund Orient Hontai Capital is close to finalising a deal to acquire around 50% of shares in Mediapro.

Leading millennial-based US over-the-top (OTT) service Pluto TV has received $5 million in funding from Samsung Venture Investment, with participation from other investors totalling $8.3 million.

US President Donald Trump has threatened to challenge broadcast TV licences in retaliation for an NBC News report, tweeting that network news has become "partisan, distorted and fake".
The e-Sports-branding trend is well underway, with more than 600 e-Sports sponsorship agreements made since the beginning of 2016, according to Nielsen market intelligence.

Canadian content is becoming a focus area for Netflix through the launch of a production house specifically dedicated to creating originals within the country, with a five-year $400 million budget to do so.