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Funding News: Oprah, Blip.TV

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Nov 17, 2008 

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Kathleen  |

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Funding News: Oprah, Blip.TV

ADOTAS – The seemingly unsinkable, recession-proof Oprah has raked in some serious Benjamins from Discovery. OWN: The Oprah Winfrey Network, set to launch late next year, has received a $100 million commitment from Discovery, PaidContent reports.

And if additional funding is necessary, Discovery may provide it through a loan.

Meanwhile, PEHub has found that the Web video site Blip.TV raised $5.2 million in the funding round it announced in October. Bain Capital led the round.

Tags: bain-capital, blip.tv, discovery, finance, funding, internet-marketing-advertising, oprah, own:-the-opray-winfrey-network and venture-capital

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