News and Announcements
YuuZoo Signs Agreement to Become Biggest Shareholder of Relativity Media
- Published November 02, 2016 9:23AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
30th October 2016, Business Wire
- Deal will create a new end-to-end global leader in content and distribution
- Relativity’s world-leading content will feed directly into YuuZoo’s huge global distribution network, covering 69 countries with 4.3 billion consumers
- YuuZoo’s global payment platform YuuPay will be used for all of Relativity’s online and mobile payments
Add before the Relativity boilerplate: “The transaction was sourced by Global Emerging Markets (“GEM”), a $3.4 billion alternative investment group and YuuZoo investor that manages a diverse set of investment vehicles focused on emerging markets across the world. GEM also played a key role in the structuring of the deal.” Also, please note that a boilerplate for GEM has been added to the very end of the release.
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