Barça Media terminated the agreement to go public via a merger with Mountain & Co. I Acquisition in a $1bn deal.

Barça Media, the content creation platform of FC Barcelona, terminated the agreement to go public via a merger with Mountain & Co. I Acquisition, a publicly traded special purpose acquisition company, in a $1bn deal. The decision to terminate the agreement stems from the joint decision to focus on near-term business opportunities, which are best addressed in a private structure. The parties have agreed that Barça standalone, without Mountain, shall fully concentrate on leveraging such business opportunities, which are projected to substantially drive growth for Barça Media.