Vancouver’s BroadbandTV receives US$36 million investment from RTL Group

Edgardo S. (Canada)
http://www.canadianbusiness.com/investing/broadbandtv/
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Full list of words from this list:

words only definitions & notes
  1. broadcast
    disseminate over the airwaves, as in radio or television
    On Wednesday, CEO Shahrzad Rafati announced that her company has received a US$36 million investment from RTL Group, one of Europe’s largest broadcast and entertainment networks.
  2. revenue
    the entire amount of income before any deductions are made
    BroadbandTV is currently the fifth-largest multichannel network—services that assist content creators with finding wider audiences or managing copyright in exchange for ad revenue—on YouTube.
  3. vast
    unusually great in size or amount or extent or scope
    RTL Group now owns a 51 per cent stake in BroadbandTV, and the Canadian company plans to take advantage of RTL’s vast global network of partners and acquired companies.
  4. acquired
    gotten through environmental forces
    RTL Group now owns a 51 per cent stake in BroadbandTV, and the Canadian company plans to take advantage of RTL’s vast global network of partners and acquired companies.
  5. headquarters
    the main office or administrative center of a business
  6. remain
    continue in a place, position, or situation
  7. entrepreneur
    someone who organizes a business venture
    The investment is a major step forward for BroadbandTV, which Rafati started in 2005 as young entrepreneur, newly-graduated from UBC’s computer science program.
  8. enhance
    increase
    Rafati said the RTL investment will be a chance to enhance BroadbandTV’s technology, which uses algorithms to help companies find fan-uploaded content on YouTube and take advantage of the revenue that might be associated with that content.
  9. stake
    a strong wooden or metal post driven into the ground
  10. cross-pollination
    fertilization by transfer of pollen from the anthers of one flower to the stigma of another
Created on Wed Jul 03 02:10:33 EDT 2013 (updated Wed Jul 03 02:45:32 EDT 2013)

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