As one of the biggest YouTube multi-channel networks, Fullscreen has been sparking acquisition rumours ever since Disney agreed to buy its rival Maker Studios in a deal that could reach $950m. The latest report on Fullscreen claims that it’s about to sell a majority stake to Otter Media, an investment vehicle co-owned by telco AT&T and investor The Chernin Group. Tech site Recode claims the deal will value Fullscreen at between $200m and $300m, based partly on the 3.5bn monthly views its network of channels generates on YouTube. Also interesting: the report’s suggestion that Fullscreen is planning to launch its own paid site featuring some of the MCN’s top stars, in an effort to diversify beyond YouTube.
YouTube MCN Fullscreen tipped for majority-stake sale to Otter Media
