Scopely to Acquire GSN Games From Sony Pictures Entertainment
October 18, 2021
Scopely has agreed to acquire GSN Games, a division of Game Show Network, LLC and a wholly owned subsidiary of Sony Pictures Entertainment, for approximately $1 billion. The purchase price is half paid in cash and half in preferred equity, and the deal is subject to customary closing conditions including regulatory approvals.
- Buyers
- Scopely, Sony Pictures Entertainment
- Targets
- GSN Games, Game Show Network, LLC (division GSN Games)
- Sellers
- Sony Pictures Entertainment, Game Show Network, LLC
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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