Warner Bros. Gets Ready to Bet on YouTube with a Machinima Investment

Or at least some of the money it’s been looking for: The company is finishing up an $18 million round, led by movie studio Warner Bros., according to people familiar with the transaction. I’m told Machinima’s earlier investors, including Google, Redpoint Ventures and MK Capital, are participating as well. Warner Bros. Pictures and Machinima declined to comment. - Peter Kafka, Re/code

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