Singapore-based 108 Media has acquired all the assets of DCD Media Plc, a U.K.-based TV distribution and production group. DCD is listed on London’s AIM stock market and the deal values it at $6.3m…
has acquired all the assets of DCD Media Plc, a U.K.-based TV distribution and production group.
108 Media said that its ownership will give scale to and support the international growth of DCD Rights. Additionally, by owning a rights distribution firm, 108 Media will have “a super charged route to market” for its own content. The company said that it is working towards other corporate acquisitions within the next 18 months. It did not disclose whether it plans to retain DCD’s stock market listing.
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