M&A Deal Summary

Fox Acquires Outkick

On May 5, 2021, Fox acquired digital media company Outkick

Acquisition Highlights
  • This is Fox’s 2nd transaction in the Digital Media sector.
  • This is Fox’s 4th transaction in the United States.
  • This is Fox’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2021-05-05
Target Outkick
Sector Digital Media
Buyer(s) Fox
Deal Type Add-on Acquisition
Advisor(s) Methuselah Advisors (Financial)

Target

Outkick

Nashville, Tennessee, United States
Outkick is a digital media platform in sports, opinion, politics, and pop culture content across its radio, podcasts, online and social outlets, as well as being one of the foremost sources of sports wagering information in the United States. Outkick was founded in 2008 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Fox

New York, New York, United States

Category Company
Founded 2018
Sector Media
Employees10,400
Revenue 14.0B USD (2024)
DESCRIPTION

Fox produces and distributes compelling news, sports, and entertainment content through its iconic domestic brands including FOX News, FOX Sports, the FOX Network, and the FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of Fox footprint allow to deliver content that engages and informs audiences, develops deeper consumer relationships and creates more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. Fox was founded in 2018 and is based in New York, New York.


DEAL STATS #
Overall 4 of 9
Sector: Digital Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 6
State: Tennessee M&A 1 of 1
Country: United States M&A 4 of 7
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 Tubi

San Francisco, California, United States

Tubi, Inc. is a streaming service provider. Watch free movies and TV shows online in HD on any device. Tubi was established in 2014 and is based in San Francisco, California.

Buy $440M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 Red Seat Ventures

New York, New York, United States

Red Seat Ventures is a creator economy that powers talent across a range of genres as they build their direct-to-consumer media businesses. Red Seat Ventures is based in New York, New York.

Buy -