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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Oct. 20, 8:58 AM

Slide #2. Stingray onthespot's Pay TV music portfolio of clients in Brazil, Chile, Colombia, Peru, Ecuador, Venezuela and Portugal

Acquirer: Stingray
Acquiree: onthespot's Pay TV music portfolio of clients in Brazil, Chile, Colombia, Peru, Ecuador, Venezuela and Portugal
Details: Stingray, the leading global provider of multiplatform musical services for Pay TV operators, announced today its acquisition of onthespot's Pay TV music portfolio of clients in Brazil, Chile, Colombia, Peru, Ecuador, Venezuela and Portugal. Telefnica On The Spot Services is a subsidiary 100% owned by Telefonica Group, one of the largest telecommunications companies in the world. This acquisition is a significant step in Stingray's expansion in Latin America and the beginning of a long-term relationship with important Telefnica Group affiliates in the region.

  Both companies are privately held or listed on a foreign exchange.
 

October 20, 2014    8:58 AM Eastern

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