Canada's Sphere Media acquires UK's Abacus Media Rights for C$24.6m, forming Sphere Abacus Media Rights.
Canada's Sphere Media, in partnership with Bell Media, is acquiring UK-based distributor Abacus Media Rights for C$24.6m ($18m). The deal, expected to close in mid-August, will see Abacus Media Rights become a Sphere Media subsidiary, operating under the name Sphere Abacus Media Rights. AMR's sales and acquisitions teams will remain in the UK, and MD Jonathan Ford will join the Sphere executive team.
June 26, 2024
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