Internet TV Platform Provider PermissionTV Gets $9 Million Investment

PermissionTV, the self described "Internet TV technology platform provider" announced today that it had received $9 million in funding from Castile Ventures and Point Judith Capital. Both are new investors in the company joining the other six investments firms who have already invested in PermissionTV. The  press release also says the company has signed over 30 new customers in the past year.

PermissionTV falls in the category of other companies like Narrowstep and Maven Networks that allow companies a platform by which they can create branded Internet TV channels and monetize the traffic via ad supported content, subscription based and various other means. There are a lot of players in the Internet TV platform space, whatever that means, but quite frankly, I can't really tell the differences between most of them. They all seem to focus on professional content, nothing user generated related, and sell the platform as more of an ASP model. The suite of features and functionality they have is all pretty similar but does vary from one provider to another.

For me, it all boils down to what exactly is defined by the term "Internet TV"?

Comments

[Justin Del Sesto]

Seems to me the definition of television is any video that travels via air and wire = television. Television can be delivered over Internet, cable, satellite, and broadcast and in the future through electricity outlets. It's all TV. The difference b/w Internet television and other distribution is that the Internet can handle way more channels therefore there are companies building platforms for the channels. Check out www.WebVisionItaly.com for high-quality television about Italy.

[Internet TV Platform]

The the largest raise i've heared of so far for an online tv platform.

[Jesse Collins]

Well I believe that internet TV is the way of the future. Aso withInternet TV Devices, that hook to your TV it will be come more my stream.

[Phil (TV on PC Guy)]

Hey,

Perhaps the term 'Internet TV' (Internet Television) should mean 'Internet Television-Video' or rename it 'Internet Televideo'. Just food for thought :0)!!!