Los Angeles-based streaming TV startup Pluto TV won some new backing from Scripps Networks Interactive and German media giant ProSiebenSat. 1, Pluto TV said on Wednesday.
The two investors, and others, contributed $30 million in Series B funding, giving the venture a valuation of $143 million, sources told The Post.
Pluto TV, led by Ken Parks, who was formerly in charge of music label negotiations as content chief at Spotify, offers a free streaming bundle of 100 TV channels, from Bloomberg to IGN.
The firm is hoping to expand overseas and will open discussions with Scripps — home to HGTV and the Food Network — about what content it might offer.
Existing backers include Sky in the UK and Roku, which makes home digital media products.
“We’re trying to provide a landing place for others,” Parks, Pluto TV’s executive chairman, told The Post. “We think that aggregation and curation is important.”
Pluto TV currently boasts 5 million monthly active users.