YuuZoo Buying Stake in Relativity Media

November 1, 2016 |Mergers & Acquisitions

Singapore online platform YuuZoo is buying 33.3 percent of movie studio/entertainment group Relativity Media, with an option to buy a majority over the next 24 months, YuuZoo said in a news release Sunday. The deal marries its distribution platform -- which covers 69 nations and includes such partners as Alibaba subsidiary Alisports and African TV network NTA -- to Relativity Media's library of content, it said.