Filed in archive Venture Capital by tj on July 27, 2004

In contrast to all the hype about Netflix and all the copy cats this is a business model I believe in - Cinemanow just raised another US$ 11 million in series D.

"Santa Monica-based CinemaNow has raised $11M in Series D funding from Menlo Ventures. cisco systems and existing investor Lions Gate Entertainment also participated. CinemaNow provides online, video-on-demand content and distribution services, and has inked licenses with such studios as Disney, Fox, Lions Gate, MGM, Miramax, and Warner Bros. to provide feature films via broadband. The company said that the funding would be used for further technology development, content acquisition, and marketing, and also said that it expects to use the funds to broaden its presence in Europe and Asia. "

Related Entries:

outsourcing for startups? - 26 February 2004
CinemaNow Adds High-Def - 28 July 2005
Cinemanow with $20.3 million round - 13 July 2006
Burn Baby Burn - 19 July 2006
Wal-Mart gets into video download business - 06 February 2007

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