The Acquisition: A Strategic Move for CosmoBlue Media
CosmoBlue Media, a leading provider of video content and advertising solutions, has made a significant acquisition in the European market. The company has acquired YouLook.tv, a UK-based operator of AVoD (Ad-Video-Over-Digital) and FAST (Free-Ad-Supported Streaming) channels, for an undisclosed amount.
Key Highlights of the Acquisition
This move was seen as a strategic step to expand its presence in Latin America.
Expansion into Latin America
CosmoBlue has been actively seeking to increase its presence in Latin America, a region with a large and growing audience. The company’s decision to acquire Caracol TV’s series was a significant step in this direction.
The new company was established in 2018 and is headquartered in Tel Aviv, Israel.
The Founding of CosmoBlue
CosmoBlue was founded by Berk Uziyel and Loni Farhi, two experienced media professionals who had previously sold their Europe-based channels operator SPI International to French pay TV operator Canal+. The two entrepreneurs saw an opportunity to create a new company that would focus on providing high-quality, niche content to the global market.
Key Features of CosmoBlue
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