Otter Media Near Deal for Majority Stake in Fullscreen -Re/code
July 23 2014 - 7:06PM
Dow Jones News
Otter Media, a joint venture of AT&T Inc. (T) and Chernin
Group, is nearing a deal to buy a majority stake in Fullscreen, a
media company known for its contributions to Google Inc.'s (GOOG)
YouTube, Re/code reported Wednesday, citing people familiar with
the company.
Fullscreen founder and Chief Executive George Strompolos will
continue to run the company, Re/code reported.
Full story at:
http://recode.net/2014/07/23/chernin-and-att-set-to-buy-control-of-fullscreen-youtube-network/
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