Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Apr. 25, 8:34 PM
Slide #40. MediaCo Holding Inc. — Estrella Media's Content and Digital Operations
Acquirer: |
MediaCo Holding Inc. (NASDAQ:MDIA) |
Acquiree: |
Estrella Media's Content and Digital Operations |
Details: |
MediaCo Holding Inc. (NASDAQ:MDIA) ("MediaCo") today announced that it has acquired all of Estrella Media's network, content, digital, and commercial operations. Among the Estrella Media brands joining MediaCo are the EstrellaTV network and its influential linear and digital video content business, and Estrella Media's expansive digital channels, including its four FAST channels - EstrellaTV, Estrella News, Cine EstrellaTV, and Estrella Games - and the EstrellaTV app. The transaction closed on April 17, 2024. |
MediaCo Holding is a radio broadcasting company. Co.'s assets primarily consist of two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area, as well as various advertising structures in the Southeast (Valdosta) region and Mid-Atlantic (Kentucky) region of the U.S. Co. is engaged primarily in radio and outdoor advertising sales, as well as in events, including sponsorships and ticket sales.
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April 25, 2024 8:34 PM Eastern
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