M&A Deal Summary

Valnet Acquires MovieWeb

On September 10, 2021, Valnet, Inc. acquired digital media company MovieWeb from Watchr Media, Inc.

Acquisition Highlights
  • This is Valnet’s 2nd transaction in the Digital Media sector.
  • This is Valnet’s 5th transaction in the United States.
  • This is Valnet’s 1st transaction in Nevada.

M&A Deal Summary

Date 2021-09-10
Target MovieWeb
Sector Digital Media
Buyer(s) Valnet, Inc.
Sellers(s) Watchr Media, Inc.
Deal Type Divestiture

Target

MovieWeb

Las Vegas, Nevada, United States
website
MovieWeb is the premier online destination for movie and television show enthusiasts, providing the latest news and information on casting and development, release dates, trailers, interviews, and clips. MovieWeb was founded in 1995 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Valnet, Inc.

Saint Laurent, Quebec, Canada

website


Category Company
Founded 2006
SectorInternet Software and Services
DESCRIPTION

Valnet, Inc. is an online media publisher.


DEAL STATS #
Overall 6 of 6
Sector (Digital Media) 2 of 2
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 5 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-06 AndroidPolice.com

Oakland, California, United States

AndroidPolice is a premier high-authority Android-focused publishing site. AndroidPolice.com has been a go-to reference for the Android technology community by publishing the latest Android news, tips, tutorials, videos, and podcasts. AndroidPolice was founded in 2009 and is based in Oakland, California.

Buy -

Seller(S) 1

SELLER

Watchr Media, Inc.

Las Vegas, Nevada, United States

website


Category Company
SectorMedia
DESCRIPTION

Watchr Media is an operator of the entertainment network that delivers enthusiasts immersive information, news, interviews, clips, and trailers. Watchr Media is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1