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Bbtv Announces Strategic Acquisition Of Outloud Media, Expanding Multi-Platform Distribution And Monetization Solutions For Creators On Facebook And Snapchat

Oct 26, 2022almost 3 years ago

Acquiring Company

BBTV

Acquired Company

Outloud Media

Description

BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (Frankfurt: 64V) ("BBTV" or the "Company"), the leading creator monetization company, today is announcing the acquisition of the assets of Outloud Media, a Detroit-based creator economy business with expertise distributing and monetizing creator content across multiple social media platforms like Facebook. The acquisition bolsters BBTV's Multi-Platform Partnership solution, which provides content creators additional revenue across multiple social platforms.

Company Information

Company

BBTV

About

A world-leading media-tech company - Advancing the World through Creation, Management, Distribution and Monetization of Content

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed