ITV will make an upfront cash payment for a 51% stake in DiGa Vision with a put and call option to buy the remainder of the company. The put and call option could be exercised from between three and six years, with the total amount paid linked to the performance of the company over that period. The multiple paid is similar to the range paid on ITV’s previous acquisitions. The acquisition represents another step forward in ITV’s strategy of building a strong international … [Read more...] about ITV acquires “Teen Wolf” producer DiGa
Liz Gateley
Former MTV creative duo Tony DiSanto and Liz Gateley partner to form DiGa
New York - Tony DiSanto and Liz Gateley, the executives responsible for the development and creation of many of MTV's hits, announced the formation of their new company, DiGa. An independent production company, DiGa will create, develop and produce programming across all platforms in partnership with Ben Silverman's multimedia studio, Electus, an operating business of IAC. The company will be headquartered in New York City with a production/edit centre in Los Angeles. DiSanto, who first started … [Read more...] about Former MTV creative duo Tony DiSanto and Liz Gateley partner to form DiGa
