Streaming Media Platform Plex Raises $50 Million From Existing Investor Intercap, Installing Its CEO As Board Chair

The financing includes about $15 million in new capital for Plex, with the remainder used to buy shares and options from employees and shareholders. The company said it hopes the injection of capital will enable it to move closer to being a “one-stop shop” for streaming media. – Dade Hayes, Deadline Hollywood » https://ift.tt/3dXkHIW
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