Friday, 23 June 2017

Verizon buys 24.5% stake in AwesomenessTV

By Nick Wood, Total Telecom
Wednesday 06 April 16

Deal values DreamWorks-owned online video company at $650 million.

Verizon on Wednesday agreed to acquire a 24.5% stake in AwesomenessTV in a deal valuing the online video company at US$650 million (€569.11 million). AwesomenessTV is known for its popular YouTube channel, which features various factual and entertainment programming for young people…

Verizon on Wednesday agreed to acquire a 24.5% stake in AwesomenessTV in a deal valuing the online video company at US$650 million (€569.11 million). AwesomenessTV is known for its popular YouTube channel, which features various factual and entertainment programming for young people…

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