M&A Deal Summary

STX Entertainment Acquires Lalela Music

On August 10, 2017, STX Entertainment acquired media company Lalela Music

Acquisition Highlights
  • This is STX Entertainment’s 2nd transaction in the Media sector.
  • This is STX Entertainment’s 1st transaction in South Africa.

M&A Deal Summary

Date 2017-08-10
Target Lalela Music
Sector Media
Buyer(s) STX Entertainment
Deal Type Add-on Acquisition

Target

Lalela Music

Cape Town, South Africa
Lalela Music is a production music library featuring top global composing talent. Its 28,000 cues have been used on major networks (CBS, NBC, ABC and BBC), top shows (American Idol, Real Housewives of Beverly Hills and Catfish, among others), as well as premium cable networks HBO, Bravo, E!, MTV and Discovery, and in PlayStation 3 games.

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Buyer(S) 1

Buyer

STX Entertainment

Burbank, California, United States

Category Company
Founded 2014
Sector Media
DESCRIPTION

STX Entertainment is a fully integrated, diversified, global media company designed from inception to unlock value from the 21st century’s changing media landscape. STX specializes in the development, production, marketing, and distribution of talent-driven films, television, and digital media content, with a unique ability to maximize the impact of content across worldwide, multiplatform distribution channels, including unparalleled global capabilities and direct passage into the China market. STX Entertainment was founded in 2014 and is based in Burbank, California.


DEAL STATS #
Overall 2 of 2
Sector: Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: South Africa M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-23 Surreal

Burbank, California, United States

Surreal, Inc. is a producer and distributor of immersive content experiences. As a full-service VR studio, we develop and produce many types of immersive entertainment, including live-action 360-degree video, 360 livestreams, stereoscopic VR video, and fully interactive VR content. Key areas of focus are scripted narrative, unscripted documentary, and live events.

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