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CBC New Media Group LLC specializes in the digital distribution of news and information, operating primarily through mobile platforms. The company develops and deploys content via dedicated video channels, proprietary mobile applications, and optimized mobile websites, serving as a key conduit for digital media consumption. Its technical approach centers on providing accessible and immediate information to users on their preferred mobile devices.
The company's roots are closely tied to Capitol Broadcasting Company, a long-standing family-owned media enterprise with a history of innovation. Emerging in the mid-2000s, CBC New Media Group LLC was established with the understanding that mobile devices would become a primary medium for content delivery, necessitating a dedicated focus on digital content strategies and platform development to meet evolving audience demands.
CBC New Media Group LLC targets mobile users who seek convenient access to current news and information. Its long-term vision aligns with its parent company's commitment to transforming media and communities, aiming to continually adapt and expand its digital offerings to remain at the forefront of content delivery in an increasingly mobile and technology-driven landscape.
CBC New Media Group has 3 tracked investments across 3 companies. The latest tracked deal is $5.0M Series A in Share Rocket Inc in January 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 11, 2017 | Share Rocket Inc | $5.0M Series A | Larry Wert | FOX Corporation |
| Jul 1, 2013 | Philo | $6.0M Series A | — | Construct Capital, First Round Capital, Gradient Ventures, Xfund, Brett Topche, Patrick S. Chung, Felicis Ventures, Home BOX Office, NEW Enterprise Associates, Mark Cuban, RHO Ventures, WME |
| Apr 1, 2011 | Digitalsmiths | $13.0M Series C | Technicolor | .406 Ventures, Innova Memphis, Aurora Funds, Chrysalis Ventures, Cisco |