M&A Deal Summary

Viacom Acquires BET Holdings

On January 23, 2001, Viacom acquired media company BET Holdings for 3.0B USD

Acquisition Highlights
  • This is Viacom’s 5th transaction in the Media sector.
  • This is Viacom’s 3rd largest (disclosed) transaction.
  • This is Viacom’s 5th transaction in the United States.
  • This is Viacom’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2001-01-23
Target BET Holdings
Sector Media
Buyer(s) Viacom
Deal Type Add-on Acquisition
Deal Value 3.0B USD

Target

BET Holdings

Washington, District of Columbia, United States
BET Holdings LLC, a media and entertainment company to provide quality television programming, entertainment products, publishing and Internet services specifically designed to appeal to African-American interests.

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Buyer(S) 1

Buyer

Viacom

New York, New York, United States
Category Company
Founded 2005
Sector Media
Revenue 12.9B USD (2018)
DESCRIPTION

Viacom is a global media company which is home to a variety of entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. Viacom was founded in 2005 and is based in New York, New York.

DEAL STATS #
Overall 5 of 17
Sector (Media) 5 of 10
Type (Add-on Acquisition) 3 of 11
State (District of Columbia) 1 of 1
Country (United States) 5 of 15
Year (2001) 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-24 Spelling Television

Los Angeles, California, United States

Spelling Television, Inc. is a television production company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-19 Blockbuster

Dallas, Texas, United States

Blockbuster, Inc. was an international chain of video rental stores. The Company was formed in 1985.

Sell -
Mergr

Product

Company

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