6/14/2013

Boxee in February engaged Allen & Co., an investment bank that specializes in media companies, to find a buyer or new investors for the company, Peter Kafka writes, citing people familiar with the company. It reportedly wants to raise $30 million from a strategic investor or, failing that, find a buyer, such as a pay-television operator, he adds. Sales of the new Boxee Cloud DVR have been "tepid," Kafka writes.

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