Announced
Financials
Tags
digital media
Acquisition
Friendly
Private
Pending
Single Bidder
United States
Media Agencies
Synopsis
Bright Mountain Media, a digital media holding company, acquires Inform, a provider of data-driven technology solutions for the syndication and monetization of contextually relevant, personalized premium video content. Financial terms were not disclosed. Inform seeks to solve the industry’s supply challenge for premium video by creating new video streams and impression opportunities across the most desirable online publishing destinations in the United States. The deal is expected to be closed by the 10th of August 2019. “Recognizing the long history of Inform, the quality of its technology and the value of its digital audience makes this acquisition, if consummated, a unique opportunity for Bright Mountain." Kip Speyer, Bright Mountain Media CEO.
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