Verizon buys 25% of AwesomenessTV
Verizon has revealed it has agreed to buy a 24.5 per cent stake in AwesomenessTV. Upon completion of this transaction, the AwesomenessTV multi-platform media business will be valued at approximately $650 million. DreamWorks Animation which acquired AwesomenessTV in 2013, will remain the Company’s majority stakeholder with an approximate 51 per cent ownership of outstanding shares, […]