Today we are excited to announce our investment in Tastemade. When we first met the founders of Tastemade, they had left Demand Media as founders to pursue their dream of building a modern media company built on content native to todays social platforms, innovative technology and a disruptive content creation platform. They believed that by initially targeting a new content network built for the Internet around food and food lifestyle, they could create what traditional networks like Food Network, Cooking Channel, or Travel Channel did – with one difference: building it for a connected, broadband world.
We believe Tastemade represents the best of the new breed of Internet video networks, and will deliver exceptional content and services to consumers worldwide. In the short 6 months they have been in business, Tastemade has 100 channel partners, 9 million monthly viewers, and 1300 hours of compelling content. And that’s just the beginning.
Congratulations to Larry Fitzgibbon, Joe Perez, Steven Kydd, and the entire Tastemade team on your coming out party. I can’t wait to see what the future brings.