Ex-Viacom duo investing in Veoh

Freston, Dolgen see promise in online video

Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh.

Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture.

Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and Dolgen caps a new round of funding for the company that has brought in about $25 million.

Veoh topper Steve Mitgang said the pair, along with Eisner, would help “build bridges” to Hollywood.

Veoh execs said the company is continuing to negotiate for content with studios and nets.

Freston is investing via Firefly3, which is both investing in and consulting for media companies. Exec has kept a low profile since ankling his post as Viacom CEO last year.

Dolgen, a former chairman of Viacom and a vet of studios such as Sony and Fox, is a principal in media investment firm Wood River and still serves as adviser to Viacom.

Veoh is seeking to increase its competitive position under Mitgang, a Yahoo vet who came in several months ago to revitalize the company. Veoh touts content from Paramount, Lionsgate and a host of other entertainment providers but has been battling to increase its profile in a crowded online-video marketplace.

More Scene

  • Demi MooreComedy Central's Roast of Bruce

    Demi Moore Appears as Surprise Guest at Bruce Willis' Comedy Central Roast

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Outfest Filmmakers Get Political, Issue Call

    Outfest Filmmakers Get Political, Issue Call to Action on Opening Night

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Bob Woodruff Foundation Acquires Veterans Org

    Bob Woodruff Foundation Acquires Veterans Org Got Your 6

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Tiffany HaddishTiffany Haddish at the Hollywood

    Tiffany Haddish on Future Career Plans, Taking Advice From Tyler Perry, Melissa McCarthy

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Vince Gilligan Carolyn Strauss Paley Center

    'Breaking Bad' Creator Vince Gilligan Suggests 'Maybe It's Time for Heroes Again' on TV

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Our Very Own Carlin McCullough

    Amanda Peet's New Play 'Our Very Own Carlin McCullough' Has a 'Game of Thrones' Connection

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

  • Shirel Kozak, Billy Crystal, Marina Zenovich,

    Billy Crystal, Filmmakers Remember Robin Williams at 'Come Inside My Mind' Premiere

    Former Viacom honchos Tom Freston and Jonathan Dolgen are signing up as investors for online-video company Veoh. Duo join Michael Eisner, as well as investment entities such as Goldman Sachs, Shelter Capital and Spark Capital, in putting money into the venture. Amounts Freston and Dolgen are investing were not disclosed. The influx from Freston and […]

More From Our Brands

Access exclusive content