YouTube Network Maker Studios Inks $36M

Maker Studios, an independent network on YouTube, has raised $36 million in the initial closing of its Series C financing. Time Warner Investments led the round, with participation from existing investors Greycroft Partners; GRP Partners; Downey Ventures, the investment company for Robert Downey Jr.; Elisabeth Murdoch; FUEL: M+C, the investment company for Jon Miller and Jimmy Yaffe; and Ynon Kreiz, Maker’s chairman. New investors Daher Capital and producer Jon Landau also participated. Rachel Lam, who heads the Time Warner Investments group, will join the board, the company said.

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