Thursday, March 5, 2009

ManiaTV Shuts Down

ManiaTV, the online web video content firm which had its roots in Denver, has shut down, after failing to find a buyer. The firm--which relocated from Denver to Los Angeles in January of last year--was shutdown after reportedly having its credit lines pulled by Comerica Bank. The firm had moved to Los Angeles last year, saying that the move would help it work more closely with the entertainment industry. ManiaTV was started in 2004, and had received venture funding from Benchmark Capital, Intel Capital, and Centennial Ventures.