NEW YORK — Wedding company Zola has raised a $100 million Series D financing led by existing investor Comcast Ventures, as well as new investors NBCUniversal and Goldman Sachs Investment Partners. Total investment in Zola now stands at over $140 million. This new funding comes at a time of explosive growth and rapid expansion for […]
Author: Editor
NBC Summer Concert Series Starts May 15
NBC’s Today Show has released its list of musical performers this summer with the industry’s hottest names taking over the plaza outside its studios at Rockefeller Center. Grammy Award winning artist Meghan Trainor kicks off the “Citi Concert Series on TODAY” on Tuesday, May 15. This year’s lineup for the 23rd annual summer concert series […]
McGraw-Hill Leases Five Floors in Midtown
NEW YORK — Real estate investment trust Paramount Group has signed a 136,176 square foot lease with McGraw-Hill Global Education Holdings, LLC at 1325 Avenue of the Americas, a 34-story Class A office tower located between 53rd and 54th Streets in Midtown Manhattan. McGraw-Hill Education will occupy floors 5 through 9, as well as a […]
Rocketrip Scores $15 Million Round
NEW YORK — Rocketrip, which offers a business traveler loyalty program, has raised $15 million in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Bessemer Venture Partners and Canaan Partners. To date, Rocketrip has raised $32 million in venture capital. Erik Nordlander, Partner at GV, is joining Rocketrip’s board of […]
NY Times Adds Asia Tech Columnist
The NY Times has hired Li Yuan, a China tech columnist at The Wall Street Journal, to be its first Asia technology columnist for the Business section. She starts in May and will be based in Hong Kong. Li has been a China tech columnist at WSJ since 2015, writing a weekly column called China […]
Subaru Sells 9 Millionth Vehicle
CHERRY HILL, NJ — Subaru of America, Inc. has sold its nine-millionth vehicle in the U.S. The new owner took delivery of a 2018 Subaru Crosstrek at a Subaru dealership in Arkansas. A surprise celebration followed with the facility’s owner and staff and Subaru of America representatives in attendance. The nine-millionth vehicle was sold by Adventure Subaru […]
RapidSOS Raises $16 Million
NEW YORK — RapidSOS, an advanced emergency technology company, has raised an additional $16 million in funding led by Highland Capital Partners with participation from Microsoft Ventures and CSAA Insurance Group. Microsoft Ventures and CSAA Insurance Group’s funding accelerates the work of nearly every major public safety company, technology companies powering millions of devices, and three former FCC chairmen […]
Jetblue Adds Flights From JFK to Ontario Airport
NEW YORK — JetBlue is launching new service from JFK International Airport in NY to Ontario Airport in California, a suburb of Los Angeles. The new route is part of West Coast expansion for JetBlue and also includes new flights to the state of Montana for the first time. The enhancements bring a number of […]
NFL, Amazon Renew Streaming Deal
The National Football League has renwed its deal with Amazon to stream Thursday Night Football games to Amazon Prime members for the 2018 and 2019 NFL seasons. Amazon Prime will stream the 11 Thursday Night Football games broadcast by FOX, which will also be simulcast on NFL Network. The NFL and Amazon first partnered for […]
Asian Dating Site Closes $4 Million Investment
NEW YORK — East Meet East, an Asian dating website and app, has announced the closing of a $4 million Series A funding. The funds will be used for developing its AI matching systems, expanding into Asia, launching an additional site and adding more entertainment features to the platform. The investors in this round include: […]
Margaritaville to Build Hotel in Times Square
Margaritaville Holdings, the global brand synonymous with fun and escapism, plans to build the first Margaritaville Hotel and Resort in New York City. The new hotel will be located in Times Square at 560 Seventh Avenue, just blocks away from the bright lights of the entertainment district and New York’s most popular attractions. The 234-room, […]
Nespresso Signs Full-Floor Lease at 111 W. 33rd St.
NEW YORK – Empire State Realty Trust (ESRT) has signed a 41,800 sq. ft. full-floor office lease with Nestlé’s Nespresso at 111 West 33rd Street. The 26-floor building is located at Herald Square between 6th and 7th Avenues. Office tenants include Macy’s and Empire State Realty Trust’s corporate headquarters. “Nespresso’s new 5th floor home will […]
Gretchen Carlson Hired by A+E Networks
Former Fox News anchor Gretchen Carlson is returning to television. A+E Networks has hired the journalist to create and host a series of documentary specials. The documentary specials will be developed by A+E Originals, the newly launched non-fiction content development company. The first of these specials, The Brave with Gretchen Carlson (working title) for Lifetime, […]
ESPN, Ivy League Ink 10-Year Deal
ESPN and the Ivy League have reached a comprehensive, 10-year deal for ESPN to become the exclusive national broadcaster for the prestigious conference. The Ivy League — known more for its academics than athletics — includes Brown, Columbia, Cornell, Dartmouth, Harvard, Penn, Princeton and Yale. ESPN plans to carry more than 1,100 events annually from […]
HelloGiggles Launches Print Magazine
NEW YORK – HelloGiggles, a website aimed at young women, has launched its first print edition. The inaugural issue is being sent this month to homes of select PEOPLE subscribers age 18-39. The biannual publication, which will have an initial run of 500,000 copies, will mirror the digital brand with a focus on the positive […]