Hearst Joins Roku Investors

http://www.mediapost.com/publications/article/201369/hearst-backs-roku-to-expand-tv-streaming.html#axzz2UiA5hSTP

Hearst has joined a $60 million venture-capital round backing Roku, the company that facilitates online streaming to TV screens. The media company with magazines and TV stations has an arm with investments in Brightcove and WideOrbit.
Hearst became a first-time Roku investor in the series F round, along with an unnamed institutional investor. Previous funders BSkyB and News Corp. also participated.