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The Chernin Group and AT&T's Otter Media to Acquire Majority Stake in Fullscreen

2014-09-23 14:36:16| Telecom - Topix.net

Otter Media, a venture between The Chernin Group and AT&T*, today agreed to purchase a majority stake in Fullscreen, a global online media company. As part of the deal, Fullscreen CEO and Founder George Strompolos will continue as CEO and maintain a material ownership stake in the company.

Tags: group media majority acquire

AT&T, Chernin venture buys control of Fullscreen

2014-09-22 16:56:00| Telecompaper Headlines

(Telecompaper) AT&T has partnered with the Chernin Group to buy a majority stake in the online media company Fullscreen. As part of the deal, Fullscreen CEO and founder George Strompolos will continue as CEO and maintain a material stake in the company. The acquisition will be by Otter Media, a joint venture set up by AT&T and The Chernin Group to invest in and launch over-the-top video services. Fullscreen, founded in January 2011, is a major YouTube partner, working with more than 50,000 content creators to engage subscribers and monetise online video content. AT&T said the deal will help strengthen its ability to reach young people. The acquisition is expected to close within the next month, subject to regulatory approval. WPP, which had invested in Fullscreen in a round of Series A funding led by the Chernin Group in 2013, also will continue as a strategic shareholder in the company. Chernin is already an investor in Fullscreen and founder Peter Chernin sits on its board.

Tags: control att venture buys

AT&T, Chernin Group close to deal to buy YouTube network Fullscreen -tech blog

2014-07-24 01:02:29| Telecom - Topix.net

AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.

Tags: group blog buy close

Safari for iOS to go full-screen

2013-06-10 20:54:51| CNET News.com

Get ready, iOS fans: Safari for iOS nearly eliminates the browser interface, while debuting security improvements and a few new ways that you can move around the Web. [Read more]

Tags: safari fullscreen ios