# DramaFever

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dramafever

- Industry: Internet
- Headquarters: New York, US
- Website: www.dramafever.com
- Total disclosed funding: $6M
- Latest round: Series B (Jun 11, 2012)
- Investors on record: 4

## About

DramaFever was a digital streaming platform that provided access to a wide variety of international TV series and films, focusing on Asian content, particularly Korean dramas and anime.Founded in 2009, DramaFever was headquartered in New York, US. The company primarily functioned as a subscription-based service for international television content. In October 2014, DramaFever was acquired by Softbank, with financial details of the transaction not disclosed. The firm completed a total of 4 deals, with the latest funding round being a USD 1.5 mn round in 2014, involving investors such as SBVA. The firm has not disclosed subsidiary relationships or any pivots in its business strategy.DramaFever was a digital streaming platform specializing in a diverse array of international television series and films, primarily focused on Asian content, including Korean dramas, Chinese series, and Japanese anime. The platform functioned as a subscription-based service, allowing users to access a vast library of curated content that catered to fans of various genres and cultural narratives. DramaFever aimed to bridge the gap between global audiences and Asian entertainment, providing viewers in North America, Latin America, and select other regions with an accessible means to enjoy high-quality, subtitled programming.DramaFever generated revenue through a subscription model, offering consumers access to its extensive library of content for a recurring fee. The company structured its transactions primarily on a direct-to-consumer basis, enabling subscribers to enjoy unlimited streaming of its offerings without the need for additional purchases. Various subscription tiers may have been available, allowing users to choose plans that best suited their viewing habits and preferences. This pricing strategy facilitated a steady revenue stream while promoting customer loyalty and retention.As of the most recent deal in October 2014, DramaFever's future growth plans are not detailed. However, the acquisition by Softbank may indicate potential resources for expansion. Further information regarding upcoming product launches or geographic expansion plans has not been disclosed.

## Funding rounds

- Series B, Jun 11, 2012, $1.5M — Bertelsmann Digital Media Investments, NALA Investments, AMC Networks Inc.
- Series B, Mar 16, 2012, $4.5M — MK Capital

## Investors

- MK Capital (https://capitalatlas.ai/funds/mk-capital) — Series B
- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Series B
- NALA Investments — Series B
- AMC Networks Inc. — Series B