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AT&T* has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies.Otter Media, a leading subscription, advertising and content company, comprises wholly-owned subsidiaries Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company ...
Jul 23, 2014 · AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company. Otter Media, a joint venture between the telecom carrier and the investment group headed by media entrepreneur Peter Chernin, beat out several ...
Apr 22, 2014 · By Marina Lopes NEW YORK (Reuters) - AT&T Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online video. The move follows announcements by Verizon Communications, Disney and Dish Network Corp which have plans to roll ...
Jul 14, 2014 · Otter Media, the newly named venture fund from The Chernin Group and AT&T, has made its first acquisition, scooping up crafting website Creativebug for $10 million from Demand Media.. Founded in ...
Apr 22, 2014 · AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.
Aug 7, 2018 · Jesse Jacobs, left, and Peter Chernin, the top executives at the Chernin Group. Four years ago, they made a bet on streaming and video services, which paid off in a deal worth more than $1 billion.
Sep 22, 2014 · LOS ANGELES and DALLAS, September 22, 2014 – Otter Media, a venture between The Chernin Group and AT&T*, today agreed to purchase a majority stake in Fullscreen, a global online media company. As part of the deal, Fullscreen CEO and Founder George Strompolos will continue as CEO and maintain a material ownership stake in the company.
