Starlounge acquired by Turner Broadcasting
Joining a broadcasting giant.
December 07, 2010
December 2010 - GP Bullhound acted as the exclusive financial advisor to Starlounge International AB on its sale of a strategic stake to Turner Broadcasting System Europe Limited, a subsidiary of Time Warner Inc and home to brands including Cartoon Network, TNT, TCM, and CNN.
Starlounge is the number one celebrity news source in Europe and also the fastest-growing European celebrity news channel.
Hans Becker, CEO and Co-founder of Starlounge, comments: “GP Bullhound has been instrumental in the process of bringing in Turner as a strategic partner to Starlounge. The advice and hard work by the GP Bullhound team has made this fantastic deal possible.”
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