Nate Parker and David Oyelowo. Photo: Matt Winkelmeyer/WireImage
Mansa, a free streaming service aimed at global Black culture, has closed an $8 million seed round to support its launch out of stealth on Tuesday.
Why it matters: Free advertising-supported streaming is one of the fastest-growing subsets of the streaming industry and is expected to become a $260 billion industry by 2025, according to Omdia.