Add Base79 and CAA to List of YouTube/Hollywood Marriages - VideoInk

Add Base79 and CAA to List of YouTube/Hollywood Marriages

/ Jul 9, 2013

base79

Multi-channel networks on YouTube are still trying to figure out how to make money on and/or off the world’s biggest video site. But that’s not stopping big media players from investing in these companies.

The latest YouTube-based media company to receive a cash infusion is Base79, a European MCN that claims to generate more than 650 million views a month across over 800 channels, including five original channels as part of YouTube’s programming initiative in Europe.

The money comes from Evolution Media Growth Partners, the investment arm of Evolution Media Capital, which is partly owned by CAA. The exact amount of the investment was not disclosed. Though this isn’t the first time Base79 has secured money from a major Hollywood name. Per The Wrap, last year Base79 received $10 million from The Chernin Group.

Base79 plans to use the new capital to launch more owned and operated channels, expand its presence in Europe, and invest in new technologies.

Base79 actually started out as a tech-based MCN. The company would help content owners identify their IP on YouTube and help them monetize those clips. Its content partners include the likes of BBC Worldwide, IMG, and Guinness World Records.

Now Base79 wants to move more into producing original content, which is not unlike a certain US-based MCN that has also received money from The Chernin Group.

Tags: , , , , , ,


Screen Shot 2015-01-28 at 3.52.53 PM

Discovery’s New Form Digital Debuts New Series on AOL

Visible Measures True Reach Video Ad

A New Site Wants to Show You the ‘True Reach’ of a...

SuperBowlAds_2

Watch and Rate This Year’s Super Bowl Ads with Us

SlingTV

Sling TV Is Practically a Must-Have for Cord-Cutters

NewsToKnow

Wednesday 1.28.15: News to Know

VHX_TV

Don’t Count Out International Markets in the Growth of OTT Video

SnapperHero

AT&T to Launch Superhero Series, Starring YouTubers, on Snapchat

theorchard

The Orchard Nabs TV, Digital Rights to Nancy Spielberg-Produced...

YoutubeSpaceLA

CNE, Discovery, and Others to Shoot at US YouTube Spaces

mommyBloggers

There’s a New YouTube MCN for ‘Mums’ Based in the UK

popcornflix

Streaming Service Popcornflix Reaches 10M Downloads

CNE

Sundance: CNE Buys Three Short Films for The Scene

BestFriends_Alist

Mobile Game ‘Best Fiends’ Finds Success with the...

Wemo VR 1-27-15

Sundance: Wemo and Seed & Spark Offer Grants for VR Filmmakers

Louis CK

Louis CK Releases His Latest Comedy Special Online

PBS Kids YouTube 1-27-14

PBS Kids Launches YouTube Channel

fullscreenlogo

Fullscreen Adds to Its New York Sales Office

NewsToKnow

Tuesday 1.27.15: News to Know

Snapchat Discover 1-27-15

Snapchat Launches Discover Feature with Videos from Vice, ESPN, Others

Twitter Video

Twitter Now Lets You Shoot and Share 30-Second Videos

CNE2

Conde Nast Unveils Branded Content Studio

casanova_writer

Amazon Orders Pilot for ‘Casanova’ Historical Drama

oculus_02

Sundance: Oculus Debuts Short VR Film, ‘Lost,’ from...

david_tennant

Former ‘Doctor Who’ Star David Tennant Joins...

AmazonBox

‘Amazon-ics’ — The Tech Giant’s New...

adam sandler

Adam Sandler’s First Movie on Netflix Will Star the Usual...

NewsToKnow

Monday 1.26.15: News to Know

theorchard

Sundance: The Orchard Nabs Distribution Rights to ‘The...

YouTube_NFL

Official NFL Highlights Coming to YouTube, Google Search

Rise AOL

EXCLUSIVE: ‘Rise’ with AOL’s New Live Morning Show

NetFlix

Netflix Wins at PGA and SAG Awards

Sundance_YouTube

Sundance: Netflix Teams with Duplass Brothers, Vimeo with Indiegogo

SuperBowlAds_01

10 Most-Shared Super Bowl Ads of All Time

Flama

Hulu’s on Fire: Picks Up Five Series from...

Complex_Collider_02

Complex Goes Hollywood, Buys Entertainment Site Collider

amazon transparent

‘Transparent’ and Other Amazon Series to Stream on...

vice

Vice Teams with Spike Jonze, Chris Milk to Debut Virtual-Reality...

NewsToKnow

Friday 01.23.2015: News to Know