Proxima, the media and entertainment company founded by CEO Ryan Kavanaugh, has announced the acquisition of a significant stake in Row8. The investment marks a new chapter for both companies as th…
Proxima, the media and entertainment company founded by CEO Ryan Kavanaugh, has announced the acquisition of a significant stake in Row8. The investment marks a new chapter for both companies as they join forces to expand their reach and enhance their offerings in the evolving entertainment landscape.
“This partnership between Row8 and Proxima marks an exciting step forward for both companies as we seek to leverage the power of social media and data-driven insights to create a more engaging and personalized experience for our audiences,” says Jasmina Christoph, founder and president at Row8. “By working together, we hope to build a stronger relationship with our customers while also driving usage, traffic and transactions in Web3 with no middleman.
Kavanaugh contributed to the development of over 20 television shows which aired across over 20 networks. Kavanaugh, who was named the Showman of the Year by, was also included on Forbes’ youngest billionaires list in 2014. Kavanaugh worked with Marvel Studios in 2005, and in 2010, he was the first to make a deal with Netflix, which is lauded for creating the subscription video on demand window.
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