We make great deals. The best deals. Cenk Uygur, host of The Young Turks, breaks it down. Read more about the investment here: https://www.wsj.com/articles/political-news-outlet-young-turks-raises-20-million-after-viewership-gains-1502186406
„WndrCo, Jeffrey Katzenberg’s mobile-entertainment holding company, has made one of its first investments: It’s taken a stake in TYT Network, one of the top online-video political news networks.
TYT Network, whose flagship show is The Young Turks, closed $20 million in funding led by growth equity firm 3L Capital with participation from Greycroft, e.ventures and WndrCo.
The company said it will use the investment to hire additional management execs and creative talent, as well as enhance its subscription-video offering and expand marketing initiatives. TYT also said it expects to tap into the relationships of its new investors — 3L, Greycroft, e.ventures and WndrCo — for new growth opportunities.
TYT, with more than 200 million views a month on YouTube, was founded by CEO Cenk Uygur (pictured above) as an online radio show in 2002. The Young Turks, the left-leaning news and commentary show co-hosted by Uygur, is now the longest-running daily live-streamed show online.”*
Read more here: http://variety.com/2017/digital/news/young-turks-jeffrey-katzenberg-wndrco-funding-1202518938/
Hosts: Cenk Uygur
Cast: Cenk Uygur
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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