TEGNA Acquires Locked On Podcast Network

Standard General to Acquire TEGNA for $24.00 Per Share

February 22, 2022

Media & Entertainment

An affiliate of private investment firm Standard General has agreed to acquire TEGNA Inc. for $24.00 per share in cash in a transaction with an equity value of approximately $5.4 billion. Cox Media Group and funds managed by affiliates of Apollo Global Management will hold non-voting interests in the acquiring entity, and certain TEGNA stations are expected to be divested to Cox following closing; the deal will take TEGNA private pending shareholder and regulatory approvals.

LiveXLive Media Acquires PodcastOne (Courtside Group, Inc.)

May 8, 2020

Media & Entertainment

LiveXLive Media, Inc. agreed to acquire Courtside Group, Inc., the owner and operator of PodcastOne, in an all-stock deal valued at approximately $18.1 million (based on LiveXLive's closing price on May 7, 2020). The acquisition brings PodcastOne's podcast library and advertising sales capability into LiveXLive to diversify revenue toward advertising and accelerate cross‑promotion across their platforms; the transaction was expected to close by June 2020.

TEGNA's Premion Acquires Octillion Media

February 1, 2024

Media & Entertainment

Premion, the CTV/OTT advertising platform owned by TEGNA Inc., has acquired Octillion Media, a next-generation demand-side platform (DSP) focused on local Connected TV/OTT advertising. The acquisition brings Octillion's technology and employees into Premion to expand local CTV product capabilities, improve operational efficiency and drive growth; TEGNA funded the deal with cash and expects it to be accretive within 12 months.

iHeartMedia Acquires Voxnest

October 23, 2020

Media & Entertainment

iHeartMedia has agreed to acquire Voxnest, a podcast technology company that provides analytics, enterprise publishing tools, programmatic integration and targeted ad-serving. The acquisition adds advanced podcast ad-tech capabilities (dynamic ad insertion, programmatic buying, analytics) to iHeartMedia’s platform to expand monetization across its podcast inventory and the wider podcast marketplace.

Global Acquires Captivate Podcast Hosting Platform

December 20, 2021

Media & Entertainment

Global, the UK media and entertainment group, has acquired podcast hosting, analytics and monetization platform Captivate. The Captivate platform and its founders will be integrated into Global's Global Player and DAX ad stack to expand distribution and monetization options for podcasters.

Equine Network Acquires Horse Radio Network

October 3, 2022

Media & Entertainment

Equine Network, a tech-enabled media and membership platform serving the equestrian industry, has acquired the Horse Radio Network, a long-running independent podcast network. The deal expands Equine Network’s podcast footprint (more than 30 podcasts combined) and gives smaller podcasters access to larger advertiser relationships and wider audience distribution.