The YouTube Revolution Continues: Fullscreen Acquired by Chernin Group, AT&T

Strompolos
Feed-fb

Add Fullscreen to the list of acquisitions in the white-hot multichannel network industry.

The recent trend of investments and acquisitions in large YouTube video makers continued on Monday with the announcement that the Chernin Group and AT&T have bought a majority stake in Fullscreen.

Fullscreen’s purchase takes another major multichannel network (MCN) off the market, leaving few for content-hungry companies that have not yet been able to strike a deal.

The acquisition values Fullscreen at between $200 million and $300 million, …

More about Youtube, Att, Business, Media, and Tv …read more

Via: Mashable: Business

Be first to comment


two + 4 =