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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

The Whistle scores funding, celebrity approval

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Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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May 15, 2014, 11:16 AM ET
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FORTUNE — The Whistle, a sports-focused online video creator with a list of celebrity backers, secured an additional $10 million in funding, the company said.

The Whistle has over 4 million viewers on its YouTube channel and is the first Internet sports media network designed for kids ages 6 to 17.

Since it’s launch at the new year, it has grown to be the second largest sports-centered YouTube channel and has attracted investors like all-star athletes Peyton Manning and Derek Jeter as well as media bigwigs like Bob Pittman, CEO of Clear Channel.

MORE: Fast-food workers: We’re not lovin’ it

Online content creators have become a hot commodity as legacy media companies look for ways to reach out to younger, technology-savvy viewers. Walt Disney bought Maker Studios, one of YouTube’s largest networks, in March for $500 million, and TimeWarner is said to be in talks to acquire Fullscreen, an online video network with more than 380 million subscribers.

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