Comcast Buying Entertainment Community Site BuddyTV

Seattle-based BuddyTV, a TV community site, is being acquired by Comcast (NSDQ: CMCSA), paidContent.org has learned from sources. BuddyTV took a loan of $250K from the Charles River Ventures’ Quick Start Seed Funding program back in May, before taking a $2.8 million investment from Gemstar-TV Guide this summer. The site competes with a wide range of TV-related blogs and communities, but co-founder Andy Liu told the Seattle Post-Intelligencer this summer that the site was receiving 3 million uniques per month and that it now has 20 employees. It seems likely that BuddyTV will be used in conjunction with Comcast’s Fancast.com site, as well as Fandango, which it acquired in the earlier this year. No word yet on the size of the deal…BuddyTV denied it first and then didn’t respond to further queries, and Comcast PR had no comment.

Comcast recently launched its new TV info and community site Fancast, so BuddyTV would probably be integrated into the new site.


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