acquisitions

• Browser Extension ‘Honey’, A Frequent Shane Dawson And MrBeast Sponsor, Acquired For $4 Billion
• Snapchat To Raise $1 Billion In Debt Financing, In Part To Fund Acquisitions

  Snapchat’s parent company Snap has announced plans to raise $1 billion in debt financing. The difference between debt financing and traditional equity funding is that Snap will agree to pay back its investors, as opposed to giving them an ownership stake in the company.

  
• Spotify Acquires Gimlet Media, Anchor Amid $500 Million Bet On Podcast Industry

  Streaming music leader Spotify is making a massive bet on podcasting -- a burgeoning format that has notably been pursued by a number of YouTube stars in recent years.

  
• Viacom Purchases Free Streaming Platform Pluto TV For $340 Million

  Media conglomerate Viacom is continuing its digital acquisition spree with the purchase of Pluto TV -- a free streaming platform with more than 100 channels that’s available as a mobile app on both iOS and Android as well as most smart TV devices, including Roku, Apple TV, and Sony PlayStation consoles.

  
• UTA Launches Esports Division With 90 Creators Following Acquisitions Of Press X, Everyday Influencers