Liberty, EchoStar ‘Sling’ Cash

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John Malone and Charlie Ergen like Sling Media Inc.

Malone’s Liberty Media Corp. and Ergen’s EchoStar Communications Corp. participated in a new $46.6 million funding round for Sling Media, creator of a technology that allows travelers to view their home cable-TV lineup using any high-speed-Internet connection and its “Slingbox” set-top box.

The Goldman Sachs Group Inc. joined Liberty and EchoStar in leading the funding round, while Allen & Co., Doll Capital Management and Mobius Venture Capital Inc. also participated.

“We are delighted to receive financial backing from some of the true pioneers in the industry,” Sling Media cofounder and CEO Blake Krikorian said in a prepared statement. “In summary, we are stoked.”

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