Blue Ant Media Acquires MagellanTV
Blue Ant Media, a Canadian media company, has bought MagellanTV. MagellanTV is a streaming service that specializes in documentary content. The deal was announced recently.
This acquisition expands Blue Ant Media’s presence in the streaming market. It also gives MagellanTV access to more resources and a wider audience.
What is MagellanTV?
MagellanTV offers a large library of documentary films and series. Its content covers a variety of topics. These include history, science, nature, and culture. The streaming service is available on multiple platforms, such as Roku, Amazon Fire TV, and Apple TV. It also has apps for iOS and Android devices.
Why did Blue Ant Media buy MagellanTV?
Blue Ant Media wants to grow its streaming business. MagellanTV has a loyal subscriber base and a strong content library. This makes it a good fit for Blue Ant’s portfolio. In addition, Blue Ant Media plans to invest in more original content for MagellanTV. This will help the service attract even more subscribers.
Details of the Acquisition
The financial terms of the deal were not disclosed. However, Blue Ant Media said it plans to keep MagellanTV as a separate brand. MagellanTV’s management team will also remain in place. This is to ensure continuity and maintain the quality of the streaming service.
What This Means for Viewers
Viewers can expect to see more original documentaries on MagellanTV. Blue Ant Media’s investment will help expand the service’s content offerings. In addition, MagellanTV subscribers should see improvements in the user experience and platform features.
Blue Ant Media’s Other Streaming Services
Blue Ant Media owns several other streaming services. These include Love Nature, HauntTV, and Total Crime. The addition of MagellanTV further strengthens Blue Ant’s position in the competitive streaming market. The company continues to look for opportunities to grow its streaming business. In addition, they aim to provide viewers with diverse and engaging content.
The Future of MagellanTV
With Blue Ant Media’s backing, MagellanTV is poised for growth. The streaming service will continue to focus on high-quality documentary content. Meanwhile, Blue Ant Media will provide the resources to expand its reach and attract new viewers. In conclusion, the acquisition is a positive step for both companies.
Source: hollywoodreporter.com
