HitFix operates a leading entertainment news site and video distribution network, publishing news, interviews and commentary from noted entertainment journalists. The company was co-founded by Jennifer Sargent and Gregory Ellwood and emphasizes a strong editorial team. It reaches more than 4 million monthly unique users directly and upwards of 50 million across its video distribution network, with a higher concentration of 18-34 year olds than competitors. HitFix has digital partnerships and distribution through platforms such as AOL, Hulu and YouTube. Management says the new capital will be used to expand the company's reach across all platforms. The site uses prior angel investments to fuel editorial growth and distribution expansion. HitFix provides entertainment news, interviews and commentary for 18–34 year old readers across movies, music, TV and local events. The site also offers a localized event calendar that lets readers personalize and plan their entertainment life, with instant alerts and mobile apps. HitFix was founded by Jennifer Sargent (CEO) and Gregory Ellwood (Editor‑In‑Chief). The company recently closed an oversubscribed $2M funding round to support growth. It plans to use the capital to accelerate original video, mobile, social media and personalization features and to consolidate its position in entertainment news. Yuri Pikover of Tech Coast Angels serves on the company's board. HitFix is an online entertainment magazine that publishes breaking news and insider analysis for fans of movies, music, TV and local events. The site relies on entertainment commentators and journalists such as Alan Sepinwall, Drew McWeeny, Daniel Fienberg and Melinda Newman to produce content. It was founded by industry veterans Jennifer Sargent (CEO) and Greg Ellwood (Editor-In-Chief). On June 28, 2010, the company completed a second round of funding, raising $1.6M. The investment was made by the angel network Tech Coast Angels (TCA). As part of the financing, TCA investor Yuri Pikover will join HitFix's board of directors.

Total raised

$5M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2013