BBTV Holdings Acquires Assets of Outloud Media
October 26, 2022
BBTV Holdings Inc. acquired the assets of Outloud Media, a Detroit-based creator-economy business, to expand its Multi-Platform Partnership distribution and creator monetization capabilities on platforms such as Facebook and Snapchat. The deal is primarily structured as a five-year performance-based earn-out of up to US$5.0 million; Outloud Media generated US$4.0 million of revenue in the prior 12 months.
- Buyers
- BBTV Holdings Inc.
- Targets
- Outloud Media
- Sellers
- Outloud Media, Outloud Group
- Industry
- Media & Entertainment
- Location
- Michigan, United States
- Transaction Type
- Buyout
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