This week CuriosityStream’s CEO Clint Stinchcomb announced that they have acquired $140 million in new private funding. This new funding will help CuriosityStream expand both in content and in subscriber growth. New investors in CuriosityStream include Blum Capital Ventures and TimesSquare Capital Management.
“This is an important step in a significant effort to connect CuriosityStream with viewers around the world,” said Clint Stinchcomb, President and CEO of CuriosityStream. “Hundreds of millions of people globally are migrating to on demand television and entertainment. We are in the middle of a seismic shift in consumer behavior, and this funding will accelerate the dynamic growth we achieved in the last 12 months.”
At the end of 2018, the CuriosityStream reported 1 million paying subscribers and saw its content library grow to more than 2,000 titles. By the end of 2019, CuriosityStream says subscribers will able to choose from 3,000+ titles including more exclusive originals available in 4K.
CuriosityStream comes from the founder of the Discovery Channel and offers a range of great programming. CuriosityStream is available on Roku, Chromecast, Amazon Fire TV, Xbox One, Apple TV, Android, and iOS.
This comes as CuriosityStream recently cut the price of their plans. The new price for CuriosityStream’s HD plan is now just $2.99 a month down from $5.99 a month. The 4K plan now costs $9.99 a month down from $11.99 a month. You will also be able to access some of their content for free with ads through their CuriosityStream Showcase.
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