By Andrew Kersley
Entertainment Daily and The Tab publisher Digitalbox has acquired the web and mobile platform assets of TVGuide.co.uk for a total cash fee that will reach £550,000.
A chunk of that fee, which will be paid in instalments, will go towards the platform redevelopment of TVGuide.co.uk so that it can integrate into Digitalbox’s Graphene technology platform.
TVGuide will also be renamed Yo.TV as part of the deal, funded using £2.8m of cash already held by Digitalbox.
In its full-year results to 31 December 2021, Digitalbox reported revenues had increased by 68% from £2.2m in 2020 to £3.7m.
Source: Press release
Deal size: £550,000
Country: UK
Status: Official
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