Partly Cloudy

Partly Cloudy

max temp: 11°C

min temp: 5°C

ESTD 1874 Search

Suffolk/London: Video on demand specialist Screenburn Media raises $500,000 from ‘angel’ investors

15:29 01 April 2014

Tom Raffe, founder of Screenburn Media

Tom Raffe, founder of Screenburn Media


An entrepreneur from Suffolk has secured 500,000 US dollars-worth of investment − about £300,000 − in a video on demand platform which enables the sale of video content via Facebook.


Former Debenham High School pupil Tom Raffe, from Crowfield, set up Screenburn Media in December 2012 after two years gaining industry experience with Microsoft.

His idea for the business had come to him earlier, during his time at university, when local cinemas were not screening an indendent film he wanted to see and he found himself unable to find it online either, even though he was willing to pay.

An app developed by Screenburn sits on an existing Facebook and enables content owners to sell directly to their existing Facebook fan base.

Having started out in the “indie” movies market which gave rise to the idea, Tom now plans to focus on the music, comedy and sport sectors, the potential audiences for which are larger.

The new injection of capital, which has come from a number of “angel” investors as a result of a funding round led by Lean Investments, will be used to help source high quality content, with early successes including films from Paul McCartney and the Rolling Stones.

Among the investors are New Look founder Tom Signh and Michael and Simon Blakey from Avonmore Investments. In addition, Zodiak Rights chief executive Steve Macallister has also joined the Screenburn board, to advise on the company’s expansion, alongside Howard Kiedaisch, chief executive of Arts Alliance Media.

Tom said:“Our momentum has continued to build and we’re already looking to bring some great releases to Facebook this year from some high profile musical artists, as well as sport and TV series.

“Having the collective support of a tremendously experienced board behind us is incredibly validating and we’re very excited for the year ahead.”

Although Screenburn is based in London, the expansion has also strengthened its connections with Suffolk, with Luke Littleboy, from Bedfield, near Framlingham, and a former pupil at both Debenham High and Thomas Mills School High School in Framlingham, having been hired as marketing manager.

Steve Macallister. a formerly sales chief at BBC Worldwide, said: “There’s no question that much of the future of long form video content lies with digital streaming. Screenburn is exciting because it offers content owners an opportunity to reach out to people already engaged with a brand or a particular release online. In an age where physical releases are seeing a downward turn, finding additional revenue streams is now a real priority for many companies looking to promote content.”

Howard Kiedaisch, who has overseen cinema distribution of successful alternative content releases such as films by Coldplay and Pearl Jam, added: “Screenburn already has an established track record and it was exciting to see the team working with some great content owners from major record labels to independent film distributors.

“I’m looking forward to working with them as the company continues to mature and build on its existing portfolio of work.”

Pulse Films has used the platform to sell the Libertines documentary ‘There are No Innocent Bystanders’ on the official Libertines fan page.

Pulse distribution manager Anna Sissons said: “This is a great way for us to reach the artist’s fan-bases direct. It will also help increase our global distribution for each film and find new and lapsed fans that have not yet engaged in the theatrical & physical releases of each project.”



The Leading Lives team receive their tropy at the Social Enterprise UK Awards in London.

Ipswich-based Leading Lives has been named Health and Social Care Social Enterprise of the Year at the Social Enterprise UK Awards.

The Hot Off The Press premises inTacket Stret, Ipswich, which the company has vacated after 25 years.

A printing company which has operated from the centre of Ipswich for 25 years has relocated – to a purpose-built log cabin in the owner’s garden.

Elaine and Nigel Bowen of Vanguard Communications.

Two businesses which receive support from Suffolk enterprise agency Menta have received Small Business Sunday awards from entrepreneur and former BBC Dragons’ Den star Theo Paphitis.

Wayne Seddon from The Bridge House in London receives his Adnams Pub of the Year award from chief operating officer Karen Hester.

Southwold-based Adnams has named The Bridge House, near London’s Tower Bridge, as its Pub of the Year.

Georgi Rollings, left, and Emma Lawrence of Starfish Accounting.

An Ipswich based provider of online company secretarial software has reached the landmark milestone of having 10,000 users.

Robert Hughes, managing director of Hughes Electrical, and Andy Yallop, store manager, at the company's new branch in Bury St Edmunds.

Hughes Electrical has opened the doors of its new store in Bury St Edmunds following a £200,000 investment which has also created six new jobs, doubling the size of its workforce in the town.

A file picture of the Sanofi factory in Haverhill.

More than 50 jobs are to be axed at the Haverhill site of pharmaceutical group Sanofi.

Barclays has been fined £72m by the Financial Conduct Authority.
Photo: Jonathan Brady/PA Wire

Banking giant Barclays has been fined £72million by the City watchdog for failing to handle potential financial crime risks relating to a £1.88billion transaction for ultra high-net-worth clients.

Ipswich council leader David Ellesmere at the former sugar beet factory site off Sproughton Road.

A new Enterprize Zone involving 10 development sites across East Anglia, with the potential to create 18,500 jobs, was announced by Chancellor George Osborne today.

Natalie Moloney, of Woodbridge events firm Pink Lemonade Productions.

An entrepreneur is up for a fifth business award since her event planning company launched last year.

Most read

Most commented

Topic pages

Local business directory

Our trusted business finder

Property search

e.g. Oxford or NW3
Powered by Zoopla

Digital Edition

Read the East Anglian Daily Times e-edition today E-edition

Great British Life

Great British Life
MyDate24 MyPhotos24