Raindance.TV locks up funding

Distributor secures $1 million, set launch

Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall.

The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts over a dozen platforms, including Babelgum, Daily Motion, Joost and T-Mobile.

Beginning in September, RDTV will also distrib content via its own website.

The company has finalized the makeup of its board, with Chris Auty tapped as non-executive chairman and Andre Burgess as CEO.

“The response we have had so far in the market to our combined online/off-line business model has been very promising,” said Burgess, a digital media consultant whose clients include Working Title Films and Universal Pictures.

Elliot Grove, founder of the Raindance Film Festival and the British Independent Film Awards, will act as a senior consultant to the company.

More Digital

  • Walmart

    Is Walmart Prepping a Streaming-Video Rival to Netflix and Amazon?

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • Netflix Logo

    Netflix Bulls Help Stock Mitigate Losses to Close Down 5% After Q2 Sub Miss

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • Twitch - Giphy

    Twitch Adds Animated GIFs From Giphy to Live Broadcasts

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • ESPN John Skipper

    John Skipper Returns to Stream Boxing, MMA Fights for U.S. Viewers

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • netflix fast com

    Netflix's Fast.com Bandwidth Meter Has Generated 500 Million Speed Tests to Date

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • amazon-logo

    Amazon Prime Day: Even With Website Crash, Company Touts Record Sales So Far

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

  • NBCU Bluprint

    NBCU Relaunches Craftsy Network as Bluprint, a How-To Subscription-Video Service

    Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, securing just under £500,000 ($1 million), and is set to launch its website in the fall. The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts […]

More From Our Brands

Access exclusive content