M&A Deal Summary

Viacom Acquires Pluto TV

On January 22, 2019, Viacom acquired internet software and services company Pluto TV from ProSiebenSat.1 Media

Acquisition Highlights
  • This is Viacom’s 3rd transaction in the Internet Software and Services sector.
  • This is Viacom’s 15th transaction in the United States.
  • This is Viacom’s 6th transaction in California.

M&A Deal Summary

Date 2019-01-22
Target Pluto TV
Sector Internet Software and Services
Buyer(s) Viacom
Sellers(s) ProSiebenSat.1 Media
Deal Type Divestiture
Advisor(s) LionTree (Financial)
Gunderson Dettmer
Hogan Lovells (Legal)

Target

Pluto TV

Los Angeles, California, United States
Pluto TV is a free streaming television service in America, delivering 100+ live and original channels and thousands of on-demand movies in partnership with major TV networks, movie studios, publishers, and digital media companies. Pluto TV is available on all mobile, web and connected TV streaming devices and millions of viewers tune in each month to watch premium news, TV shows, movies, sports, lifestyle and trending digital series. Headquartered in Los Angeles, Pluto TV has offices in New York, Silicon Valley, Chicago, and Berlin.

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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 17 of 17
Sector: Internet Software and Services M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
State: California M&A 6 of 6
Country: United States M&A 15 of 15
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-25 Rate My Professors

New York, New York, United States

Rate My Professors is a site and app used by more than 6 million college students a month to author an average of 125,000 new professor and class ratings monthly (seasonally peaking at 7 million and 300,000 respectively). Rate My Professors is based in New York.

Sell -

Seller(S) 1

SELLER

ProSiebenSat.1 Media

Unterfohring, Germany

Category Company
Founded 1984
Sector Media
Employees7,188
Revenue 3.9B EUR (2023)
DESCRIPTION

ProSiebenSat.1 Media is a media company that operates 27 TV channels in 10 countries. The entertainment segment operates free TV stations, such as SAT.1, prosieben, kabel eins, sixx, SAT.1 gold, prosieben MAXX, and kabel eins doku, as well as distributes prosiebenSat.1 HD stations. ProSiebenSat.1 Media was founded in 1984 and is based in Unterfohring, Germany.


DEAL STATS #
Overall 6 of 7
Sector: Internet Software and Services M&A 3 of 3
Type: Divestiture M&A Deals 4 of 5
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 Aroundhome

Berlin, Germany

Beko Käuferportal GmbH is an online portal in Germany that connects customers with a vendor network for consulting-intensive products and services for home improvement and financial services. The online service helps consumers obtain and compare offers from regional companies before making a major purchase. KäuferPortal announced its gradual expansion into the rest of Europe. Together with their partners, they now sell products and services worth EUR 500 million annually and employ more than 350 people in six locations across Europe.

Sell $161M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-04 The Meet Group

New Hope, Pennsylvania, United States

The Meet Group, Inc. is a developer of mobile apps designed to meet the universal need for human connection. Using innovative products and sophisticated data science, The Meet Group keeps its approximately 2.7 million mobile daily active users engaged and originates untold numbers of casual chats, friendships, dates, and marriages. The Meet Group offers advertisers the opportunity to reach customers on a global scale with hundreds of millions of daily mobile ad impressions. The Meet Group was founded in 1997 and is based in New Hope, Pennsylvania.

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