Luminari Capital

Luminari Capital is a digital media investment firm that focuses on the transformative changes occurring within the global video ecosystem. The company identifies and invests in firms that align with key technological themes driving this evolution in video creation, distribution, and consumption. Luminari Capital recognizes that the industry is experiencing a significant paradigm shift, reminiscent of past transitions from Broadcast TV to Cable TV and Satellite TV. These historical shifts have enabled numerous start-ups to thrive in various sectors, including software and services, data and analytics, advertising technology, hardware and infrastructure, and content development. Luminari Capital aims to capitalize on the emerging opportunities within this $500 billion global market, supporting innovative companies poised for substantial growth.

Past deals in Television

fuboTV

Series D in 2018
fuboTV is a sports-first live TV streaming service that provides access to tens of thousands of live sporting events annually, along with news and entertainment content, through a platform accessible on televisions, mobile devices, tablets, and computers. It offers a broad channel lineup, Cloud DVR storage, and multiple simultaneous streams, and markets itself as a cable replacement with no contract and no set-top box required. Most of its revenue comes from the United States.

Pluto TV

Series B in 2016
Pluto TV is a free streaming television service based in Los Angeles, offering an extensive array of over 100 live channels and thousands of on-demand movies. It partners with major television networks, movie studios, and digital media companies to provide a diverse content library that includes news, TV shows, sports, lifestyle programming, and original digital series. The platform attracts millions of viewers each month and is accessible across various devices, including mobile, web browsers, and connected TVs, allowing audiences to enjoy premium content without subscription fees.

fuboTV

Series A in 2015
fuboTV is a sports-first live TV streaming service that provides access to tens of thousands of live sporting events annually, along with news and entertainment content, through a platform accessible on televisions, mobile devices, tablets, and computers. It offers a broad channel lineup, Cloud DVR storage, and multiple simultaneous streams, and markets itself as a cable replacement with no contract and no set-top box required. Most of its revenue comes from the United States.

fuboTV

Convertible Note in 2015
fuboTV is a sports-first live TV streaming service that provides access to tens of thousands of live sporting events annually, along with news and entertainment content, through a platform accessible on televisions, mobile devices, tablets, and computers. It offers a broad channel lineup, Cloud DVR storage, and multiple simultaneous streams, and markets itself as a cable replacement with no contract and no set-top box required. Most of its revenue comes from the United States.

Pluto TV

Series A in 2014
Pluto TV is a free streaming television service based in Los Angeles, offering an extensive array of over 100 live channels and thousands of on-demand movies. It partners with major television networks, movie studios, and digital media companies to provide a diverse content library that includes news, TV shows, sports, lifestyle programming, and original digital series. The platform attracts millions of viewers each month and is accessible across various devices, including mobile, web browsers, and connected TVs, allowing audiences to enjoy premium content without subscription fees.

Roku

Series E in 2012
Roku is a TV streaming platform provider with platform and player segments. The platform enables discovery and access to movies, TV episodes, live sports, music and news, and includes advertising products such as video ads, brand sponsorships, and audience development campaigns. Roku also sells TVs branded Roku TV, licenses its operating system, and offers streaming media players and accessories, along with subscription and billing services. It partners with retailers and device manufacturers for co-branded devices and sells directly to consumers, with a global reach that includes millions of households. The Roku Channel provides free, ad-supported on-demand and live programming. The Roku OS powers devices and licensed televisions, and the company earns revenue from devices, licensing and advertising. Founded in 2002 and headquartered in Los Gatos, California, Roku serves more than 90 million streaming households and logged about 127 billion streaming hours in 2024, reflecting its position as a leading streaming platform in the United States.
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