M&A Deal Summary

MGM Acquires One Three Media

On September 22, 2014, MGM acquired media company One Three Media from Hearst

Acquisition Highlights
  • This is MGM’s 2nd transaction in the Media sector.
  • This is MGM’s 2nd transaction in the United States.
  • This is MGM’s 2nd transaction in California.

M&A Deal Summary

Date 2014-09-22
Target One Three Media
Sector Media
Buyer(s) MGM
Sellers(s) Hearst
Deal Type Divestiture

Target

One Three Media

California, United States
One Three Media is involved in producing reality television shows.

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Buyer(S) 1

Buyer

MGM

Beverly Hills, California, United States

Category Company
Founded 1924
Sector Media
DESCRIPTION

MGM is an entertainment company focused on the production and global distribution of film and television content across all platforms. The company owns one of the world’s deepest libraries of premium film and television content.


DEAL STATS #
Overall 2 of 2
Sector: Media M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 LightWorkers Media OTT

Beverly Hills, California, United States

LightWorkers Media OTT, LLC is a media company involved in the production of television content.

Buy -

Seller(S) 1

SELLER

Hearst

New York, New York, United States

Category Company
Founded 1887
Sector Media
Revenue 9.0B USD (2013)
DESCRIPTION

Hearst is a privately held American mass media and business information conglomerate founded by William Randolph Hearst in 1887. The Company operates in a wide range of industries, including publishing, broadcasting, entertainment, digital media, and real estate. Hearst owns over 360 businesses across the globe, including newspapers, magazines, television stations, cable networks, book publishers, and online media. Some of its most well-known brands include Cosmopolitan, Esquire, Harper's Bazaar, Elle, Marie Claire, Car and Driver, and Good Housekeeping. The company also owns a significant stake in ESPN and A&E Networks. Today, Hearst is one of the largest diversified media and information companies in the world. Hearst is based in New York City.


DEAL STATS #
Overall 4 of 6
Sector: Media M&A 2 of 2
Type: Divestiture M&A Deals 4 of 6
State: California M&A 2 of 2
Country: United States M&A 4 of 6
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 LightWorkers Media OTT

Beverly Hills, California, United States

LightWorkers Media OTT, LLC is a media company involved in the production of television content.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-17 United Technical Publishing

United States

United Technical Publishing is a digital provider of product information to the global electronics components industry. United Technical Publishing’s portfolio includes directories, e-newsletters, 16 engineering-driven websites, inventory access tools and databases that are important resources for engineers involved in product design.

Sell -