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Media and Entertainment Unicorns

14 Media and Entertainment Startups that are now Unicorn Companies

Here’s a full list of unicorn companies in the media and entertainment industry that have made it to the US$1B valuation.

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Countless Media and Entertainment startups are being launched every day, and many fail because they did not learn from the success of other companies who've managed to rise above and join the unicorn club.

We just published this list of 14 well-known Media companies that impressed investors enough to achieve a $1 billion valuation.

14 Media and Entertainment Startups that are now Unicorns

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Cameo

Cameo

Cameo is making personal video shoutouts affordable and accessible to everyone. From saying thank you to sharing your birthday wishes, they’re giving fans a platform where they can connect with their favorite people.

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2017

  • Founders:

    Devon Townsend, Martin Blencowe, Steven Galanis

  • Industries:

    Information Technology, Marketplace, Media and Entertainment, Social Media

  • Number of employees:

    250-500

  • Funding Amount:

    $165,209,970

  • Number of funding rounds:

    8

  • Number of investors:

    26

here

Dadi Cinema

Dadi Cinema

Dadi Cinema is focused on the management and operation of theaters across China.

Details of the startup:

  • Valuation:

    $3.24

    B (

    May 2016

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2006

  • Founders:

    No Data

  • Industries:

    Digital Entertainment, Film, Media and Entertainment, Theatre

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    CN¥1,000,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Epidemic Sound

Epidemic Sound

EPIDEMIC SOUNDS is a music company that helps online creators and people with passion in music to make their own soundtrack absolutely free.

Details of the startup:

  • Valuation:

    $1.40

    B (

    March 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2009

  • Founders:

    David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström

  • Industries:

    Digital Entertainment, Digital Media, Media and Entertainment, Music, Music Streaming, Video

  • Number of employees:

    250-500

  • Funding Amount:

    $508,861,893

  • Number of funding rounds:

    5

  • Number of investors:

    10

here

Flipboard

Flipboard

Flipboard combines the functionality of a social news platform with a tablet app to create a magazine-like experience.

Details of the startup:

  • Valuation:

    $1.32

    B (

    July 2015

    )

  • Country:

    United States

  • City:

    Palo Alto

  • Started in:

    2010

  • Founders:

    Evan Doll, Mike McCue

  • Industries:

    Apps, iOS, Media and Entertainment, Mobile, News, Social

  • Number of employees:

    100-250

  • Funding Amount:

    $210,500,000

  • Number of funding rounds:

    5

  • Number of investors:

    19

here

Hupu

Hupu

Hupu provides news and commentary for sports fans. It is the premier destination where sports fanatics can congregate, discuss their favorite teams, and follow their favorite players.

Details of the startup:

  • Valuation:

    $1.10

    B (

    June 2019

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2004

  • Founders:

    Shawn Cheng

  • Industries:

    Media and Entertainment, News, Social Media, Sports

  • Number of employees:

    500-1,000

  • Funding Amount:

    $337,927,040

  • Number of funding rounds:

    5

  • Number of investors:

    5

here

Kuaikan Manhua

Kuaikan Manhua

Kuaikan Manhua is an innovative online marketplace, connecting e-comic book readers to the best local and international visual novels.

Details of the startup:

  • Valuation:

    $2.00

    B (

    December 2017

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Anni Chen, Runchao Li, Ye Mingxiang

  • Industries:

    Art, Comics, Digital Media, E-Commerce, Marketplace, Media and Entertainment

  • Number of employees:

    50-100

  • Funding Amount:

    $354,219,924

  • Number of funding rounds:

    5

  • Number of investors:

    10

here

NetEase Cloud Music

NetEase Cloud Music

NetEase Cloud Music operates an online music platform and offers streaming services, which enable both users and businesses to stream audio tracks. It is the largest internet music platform in China and Asia.

Details of the startup:

  • Valuation:

    $5.30

    B (

    September 2019

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2013

  • Founders:

    William Lei Ding

  • Industries:

    Digital Media, Media and Entertainment, Music, Music Streaming, Video Streaming

  • Number of employees:

    250-500

  • Funding Amount:

    $1,408,826,859

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

News Break

News Break

News Break is a technology company dedicated to building digital experiences for individuals and brands.

Details of the startup:

  • Valuation:

    $1

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2015

  • Founders:

    Jeff Zheng, Xuyang Ren

  • Industries:

    Apps, Artificial Intelligence, Journalism, Media and Entertainment, Mobile, News, Search Engine

  • Number of employees:

    100-250

  • Funding Amount:

    $151,400,080

  • Number of funding rounds:

    5

  • Number of investors:

    3

here

ONE Championship

ONE Championship

ONE Championship is Asia’s largest global sports media property with a unique vision for the martial arts industry.

Details of the startup:

  • Valuation:

    $1

    B (

    October 2018

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2011

  • Founders:

    Chatri Sityodtong

  • Industries:

    Broadcasting, Media and Entertainment, News, Sports

  • Number of employees:

    250-500

  • Funding Amount:

    $336,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

Patreon

Patreon

Patreon is a membership platform that makes it easy for artists and creators to get paid.

Details of the startup:

  • Valuation:

    $4.00

    B (

    September 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2013

  • Founders:

    Jack Conte, Sam Yam

  • Industries:

    Media and Entertainment, Music, Podcast, Sponsorship, Video

  • Number of employees:

    500-1,000

  • Funding Amount:

    $413,300,000

  • Number of funding rounds:

    8

  • Number of investors:

    34

here

Red Ventures

Red Ventures

Red Ventures is a portfolio that includes some of the most influential brands and digital platforms in the decision-making space. Their strategic partnerships with industry-leading companies also help them deliver a unique decision-making experience.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2015

    )

  • Country:

    United States

  • City:

    Fort Mill

  • Started in:

    2000

  • Founders:

    Dan Feldstein, Mark Brodsky, Ric Elias

  • Industries:

    Content, Digital Media, E-Commerce, Higher Education, Home Services, Media and Entertainment, Personal Health, Travel

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $250,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

SmartNews

SmartNews

SmartNews is an app that brings curated news from trustworthy sources to your iPhone, iPad, and Apple Watch.

Details of the startup:

  • Valuation:

    $1.20

    B (

    August 2019

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2012

  • Founders:

    Kaisei Hamamoto, Ken Suzuki

  • Industries:

    Apps, Journalism, Media and Entertainment, Mobile, News

  • Number of employees:

    100-250

  • Funding Amount:

    $180,285,113

  • Number of funding rounds:

    5

  • Number of investors:

    16

here

Vice Media

Vice Media

Vice is a multi-platform media company. They make television, videos, magazines, and websites about the things that interest young people.

Details of the startup:

  • Valuation:

    $5.70

    B (

    April 2011

    )

  • Country:

    United States

  • City:

    Brooklyn

  • Started in:

    1994

  • Founders:

    Shane Smith, Suroosh Alvi

  • Industries:

    Media and Entertainment, News, Publishing, Video, Video Streaming

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,470,000,000

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

Yidian Zixun

Yidian Zixun

Yidian Zixun, a professional mobile news aggregator, provides users with concentrated and syndicated news feeds.

Details of the startup:

  • Valuation:

    $1.40

    B (

    October 2017

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2013

  • Founders:

    Jeff Zheng, Xuyang Ren

  • Industries:

    Media and Entertainment, News, Social News

  • Number of employees:

    500-1,000

  • Funding Amount:

    $178,200,000

  • Number of funding rounds:

    4

  • Number of investors:

    2

here
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