M&A Deal Summary

Valnet Acquires MovieWeb

On September 10, 2021, Valnet acquired digital media company MovieWeb from Watchr Media

Acquisition Highlights
  • This is Valnet’s 2nd transaction in the Digital Media sector.
  • This is Valnet’s 5th transaction in the United States.
  • This is Valnet’s 1st transaction in Nevada.

M&A Deal Summary

Date 2021-09-10
Target MovieWeb
Sector Digital Media
Buyer(s) Valnet
Sellers(s) Watchr Media
Deal Type Divestiture

Target

MovieWeb

Las Vegas, Nevada, United States
website
MovieWeb is the premier online destination for movie and television show enthusiasts, providing the latest news and information on casting and development, release dates, trailers, interviews, and clips. MovieWeb was founded in 1995 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Valnet

Saint Laurent, Quebec, Canada

website


Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Valnet, Inc. is an online media publisher.


DEAL STATS #
Overall 6 of 14
Sector (Digital Media) 2 of 9
Type (Divestiture) 1 of 2
State (Nevada) 1 of 1
Country (United States) 5 of 8
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-06 AndroidPolice

Oakland, California, United States

AndroidPolice is a premier high-authority Android-focused publishing site. AndroidPolice.com has been a go-to reference for the Android technology community by publishing the latest Android news, tips, tutorials, videos, and podcasts. AndroidPolice was founded in 2009 and is based in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 Simple Flying

London, United Kingdom

Simple Flying is a digital publisher in the commercial aviation vertical. Simple Flying serves over 7 million unique monthly visitors. Simple Flying was founded in 2018 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Watchr Media

Las Vegas, Nevada, United States

website


Category Company
Sector Media
DESCRIPTION

Watchr Media is an operator of the entertainment network that delivers enthusiasts immersive information, news, interviews, clips, and trailers. Watchr Media is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1