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
Location
Michigan, United States
Transaction Type
Buyout

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