PaidContent.org: Moviebeam

"Moviebeam Recapitalized; Gets $52.5 Million in Funding; Spun Off From Disney [by rafat] : Moviebeam, the doomed movie delivery service from Disney, is being revived again, and has been recapitalized in a series E funding round, according to an SEC filing. The amount: $52.5 million, and the funders: Mayfield, Norwest Venture Partners, Intel Capital, Cisco, Vantage Point Venture Partners and ABC. Disney's ABC television will still be the biggest shareholder, though a minority interest.
Board member now include Kevin Fong of Mayfield, Salil Mehta, exec. VP of ESPN Enterprises, one of the original Disney executives involved in Moviebeam, and Alex Izzard, also a former Disney-MovieBeam exec. Alex will also be the CEO of the new Moviebeam.
This means that Disney has essentially sold off the assets (the company is now called Moviebeam Inc) and had retained a minority interest. I'm assuming the backers bought it for its delivery technology (datacasting, from Dotcast) and assets, not for the domain name...that would be too high a price. "