Awesomeness TV

Vubiquity secures Awesomeness TV content for SVoD

On-demand content aggregator Vubiquity has signed a deal with DreamWorks and Hearst-backed Animation-backed multichannel network AwesomenessTV to secure youth-focused content for subscription video-on-demand distribution in the Middle East, Africa, South Eastern Europe and Latin America excluding Brazil. According to Vubiquity, the deal significantly extends its content portfolio to include more next-generation and genre-specific programmes for […]

Hearst pays US$81m for 25% stake in Awesomeness TV

Dreamworks has sold a 25% stake in its YouTube multichannel network (MCN) Awesomeness TV to Hearst for US$81.25 million (€65.34 million). The deal, which values Awesomeness TV at some US$325 million, marks a significant return on investment for Dreamworks, which bought the MCN for an upfront payment of US$33 million last May, with additional payments […]