Friday, April 25, 2008

VCs Think TV is Ripe for Disruption

Venture capitalists seem to agree that television is a business ripe for disruption. Silicon Alley bloger Michael Learmonth says 68 startups landed $460.5 million in funding in 2007, up from $266.9 million in 2006. Venture capitalists also invested another $217.3 million in the first quarter of 2008, he says.

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...