{"id":174266,"date":"2019-10-25T23:33:05","date_gmt":"2019-10-25T23:33:05","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/174266\/donald-malter-tiktok-rival-debuts-with-latest-funding-round.html"},"modified":"2019-10-25T23:33:05","modified_gmt":"2019-10-25T23:33:05","slug":"donald-malter-tiktok-rival-debuts-with-latest-funding-round","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/174266\/donald-malter-tiktok-rival-debuts-with-latest-funding-round.html","title":{"rendered":"Donald Malter: TikTok Rival debuts with latest funding round"},"content":{"rendered":"
\"Donald<\/a><\/div>\n

New York – 25th Oct, 2019 –<\/strong> A new US-based micro video platform, Triller, has raised an eight figure round recently. This funding round was led by Proxima Media and if rumours are to be believed Proxima have handed a stake in its business to all three of the major music labels.<\/p>\n

“As a result of recently renewing license arrangements with all of the three majors (Sony, Warners and Universal)” said industry veteran Donald Malter<\/a>, “it appears that each own a small minority stake in Triller”.<\/p>\n

In its recently released Press Release, Triller stated that the $28m raise will fuel growth and product enhancements and that it has rival platform TikTok firmly in its sights.<\/p>\n

“The prospect of two major Micro Video platforms fighting it out for supremacy has to be good for the Industry, Artists and the Public alike” said Industry commentator Donald Malter<\/a>.<\/p>\n

Triller has apparently reporting year on year growth of some 500% boasting a current 13m active monthly members.<\/p>\n

Donald Malter<\/a> over the past 35 years has worked for, Elektra Records (Warners), Zomba Music (SONY), Verve (Universal Music Group), BMG Chrysalis (BMG Music) as well as numerous other clients. Donald Malter<\/a> is an “in demand” Consultant specialising in introducing Private Equity Investment into Entertainment Projects.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Building A Buzz Online
Contact Person:<\/strong> Chris Hughes
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 07389 181605
Country:<\/strong> United Kingdom
Website:<\/strong> http:\/\/www.buildingabuzz.online<\/a><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

New York – 25th Oct, 2019 – A new US-based micro video platform, Triller, has raised an eight figure round recently. This funding round was led by Proxima Media and<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/174266"}],"collection":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/comments?post=174266"}],"version-history":[{"count":0,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/174266\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/media?parent=174266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/categories?post=174266"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/tags?post=174266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}