Mio.TV files for Bankruptcy

Multichannel News reports that MioTV, the company which aimed at creating a one-stop Website where Latinos would watch TV, make phone calls and connect to each other, filed for bankruptcy in a Delaware court last week.

Private equity investors, led by Broadmoor Capital Partners refused to inject additional money in the venture. MioTV’s management team is no longer active.

Related Article:

Mio.TV buys Spanish Social Network Wamba.com

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Editorial Staff @portada_online

Portada Staff

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