Ex-Disney Chief Eisner Backs Internet Video Company
A Reuters newswire article, via The Washington Post, reports that:
Former Walt Disney Co. chief Michael Eisner and media conglomerate Time Warner Inc. have invested in an Internet video technology start-up, the parties said on Tuesday.More here.
Eisner's investment firm The Tornante Co. will co-invest $12.5 million in Veoh Networks Inc. with Time Warner Inc., and Spark Capital in the series B round of financing.
Eisner will also join Veoh's board of directors.
posted by Fergie @ 4/18/2006 10:31:00 AM
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