ProSiebenSat.1 and ProSiebenSat.1 invest in Jaunt VR
German publishing houses Axel Springer and ProSiebenSat.1 recently announced to invest together: For example in the Palo Alto-based virtual reality startup Jaunt VR. Walt Disney, Sky, Google Ventures also joined the over all $65 million round.
Tamedia is increasing its stakes in Zattoo international
After already holding 39.4% of Zattoo Switzerland, Tamedia now purchased 31% of Zattoo International. Tamedia’s goal is to support the international expansion of the business. Zattoo is a online TV platform with its home markets in Germany and Switzerland.
Image: Jaunt VR
Descaimer: Axel Springer is shareholder of Vertical Media GmbH, the media house of VentureVillage. For more information visit www.vmpublishing.com