Lionsgate Stakes Break

Jul 12, 2007  •  Post A Comment

Break.com, the Beverly Hills-based online video site, said it has received an undisclosed amount of funding from major independent film and TV studio Lionsgate Entertainment.
Lionsgate will distribute clips through Break.com, and Break will showcase its users’ talent for possible future production.
Last month, video site Kyte.tv received an undisclosed amount of investment from Nokia, and peercasting site Veoh received $26 million from several investors, including Goldman Sachs.
Self-funded until now, Break focused last year on funding of original video, cutting deals with NBC, Endemol and Twisted Pictures to create several online video series.
(Editor: Horowitz)


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