BY PETER CSATHY: The latest examples? Otter Media’s acquisition of leading multi-channel network (MCN) Fullscreen for a deal reported to value the company up to $300 million — and Corus Entertainment’s lead position in a new $12 million investment in women’s-focused MCN Kin Community.
For content-first digital media companies, 2014 is as easy (and rightfully so!) as 1-2-3: (1) Disney’s earlier acquisition of MCN Maker Studios for up to nearly $1 billion; (2) Facebook’s $2 billion acquisition of virtual reality Oculus Rift; and (3) Apple’s $3 billion acquisition of Beats and Beats Music.
And, let’s not forget all of the other hundreds of millions of dollars of venture capital and strategic investment into the MCN space alone (here is my overall “cheat sheet” that summarizes all of these deals).