• Term Sheet - Thursday, September 6

    16 days ago - By Fortune

    THE 'NEW' FOX Good morning, Term Sheet readers.
    21st Century Fox is making a big bet on game streaming.
    Fox has invested a combined $100 million into Caffeine , a social broadcasting platform for gaming and entertainment that's still operating in beta.
    Caffeine had already raised approximately $46 million from Andreessen Horowitz and Greylock Partners, who contributed to the latest round of funding. The Fox investment will be used to fund a new studio that's co-owned by Caffeine and Fox Sports. Caffeine also announced a deal with Live Nation to include live concerts on its platform later...
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