M&A Deal Summary

SíTV Media Acquires The Madison Square Garden Co - Fuse Network

On July 1, 2014, SíTV Media acquired media company The Madison Square Garden Co - Fuse Network from Madison Square Garden Sports for 226M USD

Acquisition Highlights
  • This is SíTV Media’s 1st transaction in the Media sector.
  • This is SíTV Media’s largest (disclosed) transaction.
  • This is SíTV Media’s 1st transaction in the United States.

M&A Deal Summary
Date 2014-07-01
Target The Madison Square Garden Co - Fuse Network
Sector Media
Buyer(s) SíTV Media
Sellers(s) Madison Square Garden Sports
Deal Type Divestiture
Deal Value 226M USD

Target

The Madison Square Garden Co - Fuse Network

United States
The Madison Square Garden Co - Fuse Network is a cable network reaching 73 million homes that targets a young, millennial audience with music and music-themed programming.

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Buyer(S) 1

Buyer

SíTV Media

Glendale, California, United States
Category Company
Sector Media
DESCRIPTION

SíTV Media, Inc. is a provider of media services.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Madison Square Garden Sports

New York, New York, United States
Category Company
Founded 2015
Sector Media
Employees558
Revenue 887M USD (2023)
DESCRIPTION

Madison Square Garden Sports is a fully integrated sports, media and entertainment business. Madison Square Garden Sports was founded in 2015 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 Excelle Sports

New York, New York, United States

Excelle Sports, Inc. is a provider of multimedia to deliver comprehensive coverage of women’s sports. Excelle Sports was founded in 2016 and is based in New York, City.

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