Tag Archives: Variety

Fox Corporation acquires Tubi for USD 490 million

Fox Corporation announced it has acquired the AVOD OTT Tubi for USD 490 million. The agreement for the acquisition includes USD 440 million to be paid cash, and the remaining USD 50 million in additional payments in the form of deferred consideration over the next three years. Last January, Tubi had made its official arrival [...]

Chile’s Screen Capital launches USD 20 million film-TV venture capital fund

Chiles Screen Capital is launching a $20 million venture capital fund targeting principally TV series and movies with part streaming platform distribution. To launch in March, it is Chiles first private investment fund specializing in the audiovisual and entertainment sector, and focuses on productions from the Spanish-speaking world, as reported by the specialized media Variety.  [...]

Roku plans its deployment in Brazil

As reported by the specialized media Variety, Roku plans to deploy itself in multiple new territories in the coming months, and one of the new markets for the company could be Brazil. Earlier this month, the company explained its plans to enter Brazil in job offers, which indicated that it was looking to hire people [...]

Disney plans to acquire 70% Hulu

As reported by Variety, Disney is having active conversations with AT&T to buy Warner Medias 10% that is owns in Hulu since 2016. In November 2018, when Warner Media announced its plans to launch its OTT, AT&T executives confirmed to be interested in sailing that 10%, valued at USD 930 million. If the acquisition is [...]