M&A Deal Summary

Paramount Skydance Acquires Chilevision

On April 5, 2021, Paramount Skydance acquired media company Chilevision from AT&T

Acquisition Highlights
  • This is Paramount Skydance’s 7th transaction in the Media sector.
  • This is Paramount Skydance’s 1st transaction in Chile.

M&A Deal Summary

Date 2021-04-05
Target Chilevision
Sector Media
Buyer(s) Paramount Skydance
Sellers(s) AT&T
Deal Type Divestiture

Target

Chilevision

Santiago, Chile
Chilevision is producer of substantial content spanning multiple genres including sports, entertainment, and news. Chilevision was founded in 1960 and is based in Santiago, Chile.

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Buyer(S) 1

Buyer

Paramount Skydance

New York, New York, United States

Category Company
Founded 1986
Sector Media
Employees18,600
Revenue 29.2B USD (2024)
DESCRIPTION

Paramount Skydance is a global media and entertainment company. It operates across three core segments—Studios, Direct?to?Consumer, and TV Media—and manages iconic assets including Paramount Pictures, CBS, MTV, Nickelodeon, Paramount+, and Pluto TV. Paramount Skydance was formed in 1986 and is based in New York, New York.


DEAL STATS #
Overall 10 of 14
Sector: Media M&A 7 of 10
Type: Divestiture M&A Deals 1 of 3
Country: Chile M&A 1 of 1
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-14 CNet Networks

San Francisco, California, United States

CNet is a portfolio of brands that reach close to 100 million unique visitors monthly, advising passionate consumers about everything they love. Its portfolio reaches diverse global audiences in technology, B2B, gaming, and entertainment. These iconic properties include the world’s largest tech media brand CNET, as well as GameSpot, ZDNet, Metacritic, TVGuide.com, Chowhound, and more. CNet was formed in 1994 and is based in San Francisco, California.

Sell $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 Estudios TeleMexico

San Pedro Garza García, Mexico

Estudios TeleMéxico engages in the design and execution of fiction, documentary, reality, sports, and new media products, to make each product a unique experience. Estudios TeleMexico was founded in 2014 and is based in San Pedro Garza García, Mexico.

Buy -

Seller(S) 1

SELLER

AT&T

Dallas, Texas, United States

Category Company
Founded 1983
Sector Communications
Employees140,990
Revenue 122.3B USD (2024)
DESCRIPTION
AT&T's corporate headquarters in downtown Dallas, Texas.
AT&T's corporate headquarters in downtown Dallas, Texas.

AT&T is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T was founded in 1983 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 18 of 24
Sector: Media M&A 3 of 4
Type: Divestiture M&A Deals 14 of 20
Country: Chile M&A 1 of 1
Year: 2021 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-25 DIRECTV

El Segundo, California, United States

DIRECTV provides digital television entertainment services, offering advanced technology, diverse programming, and strong customer support to millions of customers across the U.S. and Latin America. DIRECTV was founded in 1977 and is based in El Segundo, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 AT&T - Vyatta Routing and Switching Technology

Dallas, Texas, United States

AT&T's Vyatta Routing and Switching Technology expertise will serve to expand and accelerate Ciena’s Adaptive IP solution set. AT&T's Vyatta Routing and Switching Technology are based in Dallas, Texas.

Sell -