Monday, April 07, 2014

AwesomenessTV Buys YouTube Network Big Frame For $15 Million

AwesomenessTV announced earlier that it acquired multichannel network Big Frame in a $15 million deal that further consolidates the number of companies built around creating video content for YouTube.

Big Frame is a network that focuses primarily on verticals, including beauty, fashion, fitness and music. Over time, it’s amassed more than 300 channels of content, 39 million subscribers on YouTube, and 3.4 billion views. Together the companies have 80 million subscribers and close to a billion views a month.

AwesomenessTV itself was acquired by Dreamworks Animation less than a year ago.

The deal follows the big acquisition of Maker Studios by Disney last month, as well as the recent naming of Machinima’s new CEO.

Source: TechCrunch

Your VB Kid
Psypher

0 Codes:

Post a Comment