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DALLAS and LOS ANGELES, April 22, 2014 — AT&T * and The Chernin Group, which manages and invests in media businesses around the world, today announced the formation of a venture to acquire, invest in and launch over-the-top (OTT) video services.
Los Angeles, August 07, 2018. 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 ...
During her tenure, she led legal on a number of transformative transactions, including the sale of Otter Media to AT&T, the formation and growth of TCG, an investment firm co-founded by Peter Chernin, and the creation and build of North Road.
Sep 22, 2014 · AT&T and The Chernin Group formed Otter Media in April 2014 to acquire, invest in and launch global over-the-top (OTT) video services. With more than $500 million in funding committed to the venture, the alliance positions both companies to take advantage of the rapid growth of online video services, with each party bringing significant and ...
Aug 7, 2018 · Mr. Chernin predicted that AT&T would accelerate Otter’s growth by combining it with its new entertainment empire. In June, AT&T completed its $85.4 billion purchase of Time Warner, which...
In April 2014, AT&T partnered with The Chernin Group to invest $500 million in online video services. In April 2012, Chernin sold a minority stake of TCG to strategic investment partners Providence Equity Partners, a leading private equity firm, and other private investors.
Oct 1, 2014 · Chernin Group and AT&T's Otter Media are taking a majority stake in the company: "It's really the alignment of a long-term strategy," Fullscreen CEO George Strompolos says
