Matt Diamond


Viacom takes stake in web content firm Defy

Entertainment conglomerate Viacom has taken a minority stake in web content and channels giant Defy Media. In exchange, digital channel operator Defy will acquire Viacom’s gaming companies Addicting Games, GameTrailers and Shockwave. Defy already counts Lionsgate, ZelnickMedia and ABS Capital as investors, and Viacom will now take a seat at the firm’s board. Additionally, Viacom […]

Alloy Digital gets US$30 million cash boost

Multiplatform producer Alloy Digital has won a US$30 million investment from private equity house ABS Capital. Alloy Digital has been on an acquisition spree recently and acquired digital producers and channel operators Generate, Smosh, B5 Media, Clevver Media and The Escapist. It claims that, cumulatively, its sites generate 90 million unique visitors a month, many […]