Abacus Media Rights (AMR), is set to be acquired by Canada’s Sphere Media for a total aggregate consideration of $24.6m following the company’s sale by Amcomri Entertainment Inc. Sphere Media is partnering in this transaction with Bell Media, Canada’s leading media and entertainment company and current shareholder of Sphere Media. The deal has become binding today and is expected to close in mid-August of this year, subject to customary conditions. Once closed Abacus Media Rights will become a … [Read more...] about Sphere Media to buy Abacus Media Rights from Amcomri Entertainment