M&A Deal Summary |
|
|---|---|
| Date | 2018-10-17 |
| Target | Triton Digital |
| Sector | Internet Software and Services |
| Buyer(s) | The E. W. Scripps |
| Sellers(s) | Audioboom |
| Deal Type | Divestiture |
| Deal Value | 150M USD |
| Advisor(s) | Moelis & Co. (Financial) |
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| Category | Company |
|---|---|
| Founded | 1878 |
| Sector | Media |
| Employees | 5,400 |
| Revenue | 2.5B USD (2022) |
The E. W. Scripps is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet. The E.W. Scripps was founded in 1878 and is based in Cincinnati, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 18 |
| Sector (Internet Software and Services) | 5 of 5 |
| Type (Divestiture) | 9 of 10 |
| State (California) | 5 of 5 |
| Country (United States) | 15 of 17 |
| Year (2018) | 1 of 2 |
| Size (of disclosed) | 7 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-27 |
The E. W. Scripps Company - Milwaukee Radio Stations
Cincinnati, Ohio, United States The E. W. Scripps Company - Milwaukee Radio Stations includes WTMJ (620 AM and 103.3 FM) and WKTI (94.5 FM). |
Sell | $16M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-29 |
Cordillera Communications - 15 Television Stations
Saint Paul, Minnesota, United States Cordillera Communications LLC - 15 Television Stations are leaders in both ratings and revenue in 10 of 11 markets. Its history of consistently outperforming the competition is a credit to its deep community ties, highly qualified and dedicated employees, highly rated content, and award-winning news programming. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Internet Software and Services |
| Employees | 37 |
| Revenue | 27M USD (2020) |
Audioboom is a SaaS based digital social media audio platform enabling the creation, broadcast and consumption of audio across multiple global media outlets. Audioboom works with some of the biggest names in broadcasting across sport, entertainment and current affairs to bring their content to millions of listeners worldwide via Facebook, Twitter and other media platforms.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-13 |
Triton Digital
Sherman Oaks, California, United States Triton Digital LLC is an end-to-end software vendor to the digital audio marketplace, enabling audio streaming, advertising, audience measurement, and online presence to audio publishers. and Triton Digital provides services in over 40 countries, the Directors believe Triton to be one of the largest technology and service providers to the online audio industry. Triton Digital was founded in 2006 and is based in Sherman Oaks, California. |
Buy | $185M |
