Chris Blackwell's entertainment Webcaster Sputnik7.com has closed a $7 million financing round from technology investment fund Relight and investment firm Avalon Investments.
The company plans to use the funds primarily on candy and video games, but also to support its business development and expanded marketing initiatives.
Sputnik7's programming showcases music, film and animation and includes an on-demand music video channel.
Despite rumors to the contrary, Sputnik7.com offers no information on the maligned ‘80s band Sigue Sigue Sputnik.
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/18a)
| ||
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
|