October 27, 2009
Bolstered by an investment from Rogers Communications, one of Canada’s largest media companies, the budding new-media mogul Michael Eisner is expanding his Web video studio.
The studio, named Vuguru, is currently held within Mr. Eisner’s media
investment company, Tornante. In a deal expected to be announced on
Monday, Vuguru will become its own company, and Rogers will become a
minority stakeholder. The terms of the multimillion dollar investment
by Rogers were not disclosed. Click www.nytimes.com for the whole story.
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