M&A Deal Summary

Sony Pictures Entertainment Acquires Crackle

On August 23, 2006, Sony Pictures Entertainment acquired media company Crackle for 65M USD

Acquisition Highlights
  • This is Sony Pictures Entertainment’s 1st transaction in the Media sector.
  • This is Sony Pictures Entertainment’s largest (disclosed) transaction.
  • This is Sony Pictures Entertainment’s 2nd transaction in the United States.
  • This is Sony Pictures Entertainment’s 2nd transaction in California.

M&A Deal Summary
Date 2006-08-23
Target Crackle
Sector Media
Buyer(s) Sony Pictures Entertainment
Deal Type Add-on Acquisition
Deal Value 65M USD
Advisor(s) Siemer & Associates LLC (Financial)

Target

Crackle

Culver City, California, United States
Grouper Networks enables its members to watch, share and create video on the Web, desktop and connected devices and continues to be the leading innovator in the user-generated video space.

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Buyer(S) 1

Buyer

Sony Pictures Entertainment

Culver City, California, United States
Category Company
Founded 1987
Sector Media
Revenue 8.0B USD (2012)
DESCRIPTION

Sony Pictures Entertainment Inc. is an American television and film production and distribution company.

DEAL STATS #
Overall 2 of 5
Sector (Media) 1 of 2
Type (Add-on Acquisition) 2 of 5
State (California) 2 of 3
Country (United States) 2 of 5
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-05-07 GSN Games

Santa Monica, California, United States

GSN Games presents original and classic game programming and games via its cable network, the digital ad-supported network, Game Show Central, the GameShowNetwork.com website and its position as one of the leading social casino games companies in the world at GSN.com. Its cross-platform content also includes GSN Games’ portfolio of free mobile casual and social games. Game Show Enterprises, the production arm of the network, develops and produces hundreds of hours of original episodes, making Game Show Network the premiere destination for fun, family-friendly programming. Game Show Network is distributed throughout the U.S., Caribbean and Canada by all major cable operators, satellite providers, and telcos. Game Show Network was founded in 1999 and is based in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Silvergate Media

New York, New York, United States

Silvergate Media is a highly creative TV production and licensing company, driven by big ideas and big collaborations, which has built Octonauts into a global success, produced and delivered Sunny Day for Nickelodeon and Hilda for Netflix. Silvergate is in production on four new properties for partners Netflix, Disney, and Nickelodeon, as well as producing a string of new content for its hit series Octonauts and Hilda.

Buy -
Mergr

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