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Mitu

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'''mit&#250;''' is an English language, Latinx digital media company, Multichannel Network (MCN) and boutique publisher.<ref name="Spangler Spangler 2014"/> In 2016, the network became the largest Hispanic focused digital channel with 2 billion views per month.<ref name="Spangler Spangler 2016"/>
Founded in 2012 by Emmy award winning Beatriz Acevedo, her husband Doug Greiff, and Roy Burstin,.<ref name="NBC News 2015"/> In addition to partner channels. mit&#250; features also produces episodic content with non-career entertainers to create affordable episodic content in their Baja California studios.<ref name="Fernandez 2020"/> The YouTube networking conglomerate netowrk achieved 40 million subscribers in 2014, across its 1200 MCN partner channels,<ref name="Spangler Spangler 2014 10 million"/> the company's YouTube channel, we are mit&#250,has 373,000 direct subscribers as of 2020.<ref name="YouTube about"/> mit&#250; is located headquartered in Los Angeles and with offices in Mexico City,<ref name="Spangler Spangler 2014 10 million"/> with and production studios in Baja California.<ref name="Fernandez 2020"/>
In 2012, [[Wikipedia:Peter Chernin|Peter Chernin]] put together a $3 million investment vehicle to initially fund mit&#250;in 2012,<ref name="Fernandez 2020"/> and in 2014, Disney's [[Wikipedia:Disney Digital Network|Maker Studios]] followed with second round funding of $10 million.<ref name="Spangler Spangler 2014 10 million"/> By 2016, the network was serving 2 billion video views per month on Facebook and YouTube, Series C fuding, which included Verizon, brought venture funding levels to $43 million. <ref name="Spangler Spangler 2016"/>
Latido network purchase Networks acquired mit&#250; in February 2020 to compliment its label, Cinq Music and Spanish language . <ref name="Fernandez 2020"/>
== References =={{Reflist|40em30em|refs=
<ref name="Spangler Spangler 2014">{{cite web | last=Spangler | first=Todd | last2=Spangler | first2=Todd | title=Disney’s Maker Studios Pacts with MiTú to Produce Latino YouTube Content | website=Variety | date=2014-09-23 | url=http://variety.com/2014/digital/news/disneys-maker-studios-pacts-with-mitu-to-produce-latino-youtube-content-1201311777/ | archive-url=https://web.archive.org/web/20180518080325/http://variety.com/2014/digital/news/disneys-maker-studios-pacts-with-mitu-to-produce-latino-youtube-content-1201311777/ | archive-date=2018-05-18 | access-date=2020-05-29|quote=MiTú investors include Upfront Ventures, Chernin Group, Allen DeBevoise, Advancit Capital, Code Advisors’ Quincy Smith and Juan Cristóbal Ferrer of Ferrer Comunicación in Mexico.}}</ref>
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