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Investment in Pluto.TV

20th Nov 2014 07:00

RNS Number : 4917X
British Sky Broadcasting Group PLC
20 November 2014
 



Investment in Pluto.TV

 

Sky has made a $1m equity investment in Pluto.TV. This follows Sky's $0.5m convertible debt investment in Pluto.TV in October 2014.

Pluto.TV is an early stage technology company based in California, specialising in the aggregation and curation of Video on Demand content into linear, genre-based channels.

Notes:

1) References to Pluto.TV are to Pluto Inc.

2) Gross assets subject to this transaction were $1m

3) Profits attributable to the assets subject to this transaction were $nil

 

 

Enquiries: 

 

Matt Beake

Corporate Communications Manager

Telephone: +44 (0)20 7032 2895

 

Lang Messer

Investor Relations Manager

Telephone: +44 (0)20 7032 2657

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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