Around the Net
Viggle Nabs Social TV Rival GetGlue For $25M
- The Wrap, Monday, November 19, 2012 12:04 PM
Shrinking the so-called social TV market, Viggle just bought GetGlue for $25 million in cash and stock. With the deal, Viggle is hoping to establish itself as a “dominate force in social
TV,” TheWrap.com reports. “Together, the two companies will have more than 4 million users.” Less than year old, Viggle offers registered users points for loyalty and engagement,
which can be redeemed from brands like Best Buy, Amazon, and iTunes.
