YuuZoo Buying Stake in Relativity Media
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 --…
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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.