Digital Media M&A


Yahoo Sells Off European Comparison Shopping Site Kelkoo To PE Firm — Yahoo (NSDQ: YHOO), which has been trying to sell off its European comparison shopping service Kelkoo for a while now, has finally found a buyer, according to a report: it has been sold to a little-known UK-based private equity firm called Jamplant, for something less than euro 100 million ($126 million). Yahoo bought the service in 2004 for a price then of about 475 million euros (now $598 million).  

Disney Sold Movies.com To Comcast For $17 Million — Earlier this year in June, Fandango, the online movie tickets service that is part of Comcast (NSDQ: CMCSA), bought out movies-info site Movies.com from Disney (NYSE: DIS), for a then-undisclosed sum. Now the amount has come out, in Disney’s latest annual 10-K filing with the SEC: The movies.com business was sold for $17 million on June 18, 2008, resulting in a pre-tax gain of $14 million.

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