ReelzChannel acquires the online comedy and satire movie Site HollywoodPressTV

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-330
 
Acquirer:  ReelzChannel
ACQ Web:  http://www.reelzchannel.com
Location:  USA, Albuquerque, NM
Region:  North America
Description:  Delivers daily entertainment-based content from full movie trailers to celebrity interviews. REELZCHANNEL reaches 48 million homes nationwide on DirecTV, DISH Network and cable. Owned by Hubbard Media Group.
Category:  TV, Entertainment,
Contact:  Bob Bedford, Sr. VP of Web and New Media
 
Vendor:  The Buddy Group
Vendor Web:  http://www.thebuddygroup.com
Business Sold: HollywoodPressTV.com
Other Web Links: DotLot Digital Studios
Location:  USA, Irvine, CA
Region:  North America
Description:  Digital engagement agency specialising in strategy and build-out of websites, online video, social media, online advertising and games. The Buddy Group works with such clients as YouTube, FreeCreditReport.com, Western Digital, National University and Fantastic Sams.
Category: Digital Agency
Contact:  Pete Deutschman, Chief Buddy
  
Aprox. Value:  Undisclosed
 
Details:  ReelzChannel has acquired HollywoodPressTV.com, the creative brainchild of The Buddy Group, Steve Patterson, David Gaw and David Martinez. HollywoodPressTV is an online-only movie site that has built a following of 2 million fans in just three years.
 
Link: Press Release

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