Contagious Online Media Network, parent company of the online video creator The Viral Fever (TVF), has raised $10 million in a round of funding from Tiger Global Management, reports the Financial Express. According to the report, Tiger Global has picked up 25% stake in the company. Contagious Online Media, which was incorporated in August 2015, reported a profit of Rs 22 lakh on a revenue of Rs 64 lakh from August 3 to October 21. As of now, The Viral Fever has around 1.3 million subscribers on YouTube, up from 1 million in March last year. Over the past couple of years the online video sector and web-exclusive content received a great degree of mainstream adoption, TV, other than AIB, has played a significant part in this change. TVF, which runs the YouTube channels TVF-Qtiyapa & TVF-RecycleBin, had also launched a movie streaming service called TVF Inbox Office in January last year. Development in online video content services: - Internet-based live streaming platform YuppTV partnered with NDTV to provide live digital content from four channels including NDTV India, NDTV 24×7 and NDTV Profit/Prime and NDTV Good Times. - nexGTv tied-up with #fame to integrate its content on its streaming platform. As a part of the deal, #fame will create and premiere content exclusively on nexGTv before publishing it on other channels. - Last month, nexGTv launched its first original TV show with Priyanka Chopra, called “it’s my city”. This was the company’s first shot at making original content for the…
- RBI increases UPI and recurring transaction limits for certain categories December 8, 2023
- The Quantum Hub discusses concerns on age verification and children’s data processing under India’s data protection law December 8, 2023
- India’s central bank to set up cloud facility for financial sector December 8, 2023
- Navigating the Complexities of Open Source AI: Insights from Carnegie India Summit December 8, 2023
- Supreme Court Dismisses Plea by Foundation for Media Professionals on Internet Shutdowns December 8, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...