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Interna's Client Pluto Acquired by Viacom CBS for $340 million



We are proud to announce that Interna’s client Pluto TV has been acquired by Viacom CBS for $340 million.


Pluto TV’s mission to provide streaming at no cost to consumers has taken off tremendously, filling in a previously unexplored niche and “zigging where everyone [else] is zagging,” as Viacom CBS President Bob Bakish says. We originally started working with Pluto TV in November 2018 and have had four total engagements since then, joining the team at Pluto TV when there were only 15 engineers -- how exciting to see their company grow to over 450 people and their growth in value to $340 million. Congratulations to Pluto TV’s CEO and Co-Founder Tom Ryan and their entire team on this phenomenal acquisition.


To read more about Pluto's success, visit their press release:

https://www.viacomcbs.com/news/company-news/viacom-streaming-pluto-tv-acquisition


DavidSubarHS1 (2).jpg
I'm David Subar,
Managing Partner of Interna.

 

We enable technology companies to ship better products faster, to achieve product-market fit more quickly, and to deploy capital more efficiently.

 

You might recognize some of our clients. They range in size from small, six-member startups to the Walt Disney Company. We've helped companies such as Pluto on their way to a $340MM sale to Viacom, and Lynda.com on their path to a $1.5B sale to Linkedin.