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  6. AfroLife.TV Acquires BlackTree TV

M&A Deal Summary

AfroLife.TV Acquires BlackTree TV

On August 30, 2018, AfroLife.TV acquired media company BlackTree TV

Acquisition Highlights
  • This is AfroLife.TV’s 1st transaction in the Media sector.
  • This is AfroLife.TV’s 1st transaction in the United States.
  • This is AfroLife.TV’s 1st transaction in California.

M&A Deal Summary
Date 2018-08-30
Target BlackTree TV
Sector Media
Buyer(s) AfroLife.TV
Deal Type Add-on Acquisition

Target

BlackTree TV

Los Angeles, California, United States
Blacktree Media is provider of an entertainment content focusing and featuring our African-American community.

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Buyer(S) 1

Buyer

AfroLife.TV

Miami, Florida, United States
Category Company
Founded 2016
Sector Media
DESCRIPTION

Press Media Group, Inc. is a provider of streaming access to a world of curated African American, Afro-Latino, Afro-European, and African content. AfroLife.TV offers classic, popular, emerging, and independent content to educate, inform, and entertain subscribers. Press Media Group was founded in 2016 and is based in Miami, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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