Comcast Acquires XUMO
February 25, 2020
Comcast has acquired XUMO, the Irvine, California–based free ad-supported streaming service. XUMO will operate as an independent business within Comcast Cable; financial terms were not disclosed. The acquisition expands Comcast's free streaming, ad-supported video capabilities and distribution partnerships across smart TV platforms.
- Buyers
- Comcast
- Targets
- XUMO
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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