Following its $ 40 million fundraise at the beginning of this year, streaming media company Plex announced on Wednesday it’s rolling out a new TV show and movie reviews feature, putting its app in more direct competition with other apps, like Letterboxd and TV Time. The feature will also include social networking elements, as the reviews can […]
Streamer Plex launches its long-promised movie rentals store
Fresh on the heels of its $ 40 million fundraise, streaming media company Plex is today announcing its expansion into a new business: a movie rentals storefront. The addition, which will initially be offered to U.S. customers, will give the streamer another means of generating revenue beyond its subscription products and ad-supported streaming — a […]
Streaming media company Plex raises new funds as it nears profitability
Media streamer Plex has raised new capital. The company, which began as a media organization startup, has morphed over the years to become a one-stop shop for all your media, including ad-supported streaming, which now accounts for much of its revenue growth. The new round, which has not yet been disclosed, is larger than Plex’s […]