Sling Media garners $46.6M in financing

Sling Media, which makes a set-top box that allows users to access their television programs, music and pictures from their laptops and other mobile devices, has secured a whopping $46.6 million in a second round of financing from the likes of Goldman Sachs, Liberty Media and satellite broadcast provider EchoStar. To be sure, carriers are paying attention to these types of developments, which are designed to bypass the subscription fees customers pay for content.

For more about Sling Media's intentions:
- check out this article from Red Herring

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.

Suggested Articles

AT&T has shifted its Cricket prepaid brand to a 100% authorized retailer model, according to Wave7 Research.

The FCC decided to extend the timeline for responding to Huawei's application for review until December 11.

All operators are trying to understand the intersection between their networks and hyperscale networks. But who gets the lion's share of the revenue?