Paramount Sells VidCon Creator Conference to UK Firm Informa [Yahoo! Finance]
TechTarget, Inc. (TTGT)
Last techtarget, inc. earnings: 2/12 04:15 pm
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Source: Yahoo! Finance
VidCon is an annual convention for influencers, fans, executives and online brands that was founded by veteran YouTubers John and Hank Green in 2010, and acquired by Viacom, a division of Paramount, in 2018. “Our co-CEOs recently laid out a strategic plan for Paramount, including optimizing the company's portfolio to position us for the future. While VidCon is not core to our asset mix, we are pleased that it will continue to bring together digital creators, platform innovators and fans under Informa's ownership going forward,” a Paramount spokesperson told TheWrap on Monday. Paramount hired American bank Oaklins DeSilva+Phillips to find a private equity firm interested in VidCon, Adweek reported in April. In July, Informa made an offer for the owner of the Cannes Lions Festival, Ascential, for approximately £1.2 billion ($1.6 billion). Earlier this year, per the company's website, they merged their Informa Tech digital businesses with American-owned TechTarget. “The idea of
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TTGT
Earnings
- 11/12/24 - Miss
TTGT
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 425
- 11/12/24 - Form 8-K
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