Investments
14Portfolio Exits
8
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Latest Dave Morgan News
Dec 3, 2021
Litton’s Weekend Adventure Dave Morgan, founder, president and CEO of US production and distribution firm Litton Entertainment, along with the company’s COO Peter Sniderman, are both retiring from their positions at the end of the year. Litton Entertainment is a division of Hearst Media Production Group, best known for its educational/informational programming such as Litton’s Weekend Adventure for ABC stations, CBS Dream Team for CBS stations, The More You Know for NBC stations, Mi Telemundo on the Telemundo network and One Magnificent Morning on The CW Network. Going forward, the company said it will continue to expand upon its original programming across linear and streaming platforms for domestic and international distribution, under the direction of the Hearst Media Production Group and its president Frank Biancuzzo. Morgan founded Litton Entertainment in 1989 and built its business on the production of family programming. It now has a library of more than 4,000 hours of content. Hearst acquired a majority interest in the company in 2017, followed by the balance in 2021. Sniderman has overseen Litton’s expansion since 1995 through leadership of several divisions including corporate and advertising sales partnerships, international sales, programming acquisitions, network partnerships, Litton’s news division and Litton News Source. “Over the course of three decades, Dave has built a tremendous organization, recognized by the industry for unique programming that entertains, educates and inspires,” said Biancuzzo. “Together with Pete Sniderman, they’ve positioned the company for an exciting and innovative period of growth.”
Dave Morgan Investments
14 Investments
Dave Morgan has made 14 investments. Their latest investment was in NewCo Media as part of their Seed VC on February 2, 2015.

Dave Morgan Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/18/2015 | Seed VC | NewCo Media | $1.7M | Yes | 2 | |
9/6/2012 | Series B | Encoding.com | $1.5M | No | ||
7/31/2012 | Series A - II | Shelby.TV | $2.2M | No | ||
6/27/2012 | Seed VC | |||||
1/10/2012 | Series A |
Date | 2/18/2015 | 9/6/2012 | 7/31/2012 | 6/27/2012 | 1/10/2012 |
---|---|---|---|---|---|
Round | Seed VC | Series B | Series A - II | Seed VC | Series A |
Company | NewCo Media | Encoding.com | Shelby.TV | ||
Amount | $1.7M | $1.5M | $2.2M | ||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 2 |
Dave Morgan Portfolio Exits
8 Portfolio Exits
Dave Morgan has 8 portfolio exits. Their latest portfolio exit was Namely on September 06, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/6/2022 | Acquired | 3 | |||
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