With the purchase, Otter Media ranks as one of the most valuable media upstarts of the last decade, said Brett Sappington, senior director of research at Parks Associates, a firm that focuses on emerging consumer technology. Others include Twitch, which streams video game sessions and was sold to Amazon for $970 million in 2014.

From the article "On Hunt for Content, AT&T Closes Deal for Chernin’s Otter Media" by Brooks Barnes.

Next: The Streaming Era Has Finally Arrived. Everything Is About to Change.
Previous: Instant View-Federal Judge OKs AT&T Takeover of Time Warner

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.