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Is FullScreen Selling To AT&T/Chernin Group?

  • Re/code, Thursday, July 24, 2014 12:15 PM
Fullscreen, one of the largest independent content producers for YouTube, is reportedly ready to sell to Otter Media, the joint venture between AT&T and the Chernin Group. “The deal will value Fullscreen, which says it generates 3.5 billion views a month on YouTube, between $200 million and $300 million,” Re/Code reports, citing sources. Late last month, Yahoo was rumored to be considering a $250 million offer for FullScreen. Last year, the Chernin Group led a $30 million investment round in FullScreen, which at the time valued the company at roughly $110 million.

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