$MediaCo (MDIA.US)$ NEWS MediaCo Acquires Estrella Media’s C...
NEWS
MediaCo Acquires Estrella Media’s Content and Digital Operations
MediaCo Holding Inc. (Nasdaq: MDIA) has acquired all of Estrella Media’s network, content, digital, and commercial operations, including EstrellaTV network and its digital channels. The transaction closed on April 17, 2024, creating one of the largest multicultural media platforms in the country. Jacqueline Hernández will lead as Interim CEO. The transaction terms include a mix of cash, stock, and notes. MediaCo aims to reach diverse U.S. audiences and create value for marketers.
MediaCo Holding Inc. (Nasdaq: MDIA) has acquired all of Estrella Media’s network, content, digital, and commercial operations, including EstrellaTV network and its digital channels. The transaction closed on April 17, 2024, creating one of the largest multicultural media platforms in the country. Jacqueline Hernández will lead as Interim CEO. The transaction terms include a mix of cash, stock, and notes. MediaCo aims to reach diverse U.S. audiences and create value for marketers.
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