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VarietyEN
NBCUniversal, Hornbill Capital Back EloElo, Parent of Indian Microdrama Platform Story TV, in $80 Million Funding Round
NBCUniversal and India-focused investment firm Hornbill Capital have co-led an $80 million Series C round in EloElo Group, the Bengaluru-based company behind Indian microdrama platform Story TV. MIT Investment Co. joined the round alongside existing backers Play Ventures, Kalaari Capital, Waterbridge Ventures and Griffin Gaming Partners, among others. The ra
TechCrunchEN
India’s EloElo nabs $80M from NBCUniversal to bet on the country’s rising microdrama market
StoryTV has more than 33 million monthly active users according to Sensor Tower figures
DeadlineEN
Comcast Co-CEO Brian Roberts Touts Staffers’ “Energy And Excitement” About Pending NBCUniversal Split
Comcast chairman and Co-CEO Brian Roberts said staffers are eagerly anticipating the forthcoming split of NBCUniversal from the company’s broadband, pay-TV and wireless division. “Really, there’s an energy and excitement with the proposed separation in both organizations,” Roberts told Wall Street analysts Thursday at the end of the company’s third-quarter e
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