The media company has taken stakes in on-demand ride platform Grab and mobile game developer Ice House, according to its latest financial report.

The GV-backed online radio network has boosted its total funding to $140m with a $50m round co-led by Comcast Ventures, Marker and Institutional Venture Partners.

Raine Group and Temasek have reportedly acquired a majority stake in beleaguered, Twitter and Chernin Group-backed music streaming platform SoundCloud.

It is, as these deals in the past week show, a remarkable time in sports and content as the change in distribution routes also affects the $40bn advertising industry.

Discovery Communications has led a $10m series A round for the virtual reality content producer Here Be Dragons, valuing the business at $65m post-money.

Media group PCCW's online video spinout has received funding from Foxconn's corporate venturing unit as well as Hony Capital and Temasek.

Walt Disney Company has followed its $1bn investment in online streaming technology provider BamTech by upping its stake to 75% as it prepares to launch its own streaming service.

Hearst has led a consortium of investors that included a range of existing shareholders such as Sky, Liberty Global, PLDT, Catcha and Evolution Media Capital.

Nielsen has bought Nielsen Innovate graduate vBrand and will integrate the company's sport sponsorship tracking technology into its sports media offering.