Fandom Acquires Red Ventures’ Entertainment Properties, Including TV Guide and Metacritic

Fandom Oct. 3 announced it is acquiring select entertainment properties from Red Ventures, including GameSpot, Metacritic, TV Guide, GameFAQs, Giant Bomb, Cord Cutters News and Comic Vine. Financial details of the transaction were not disclosed.

Red Ventures continues to own CNET Media Group, which it acquired from the former ViacomCBS (now Paramount Global) for $500 million in 2020.

Charlotte, Va.-based Fandom expects to add the acquired gaming, movie and TV brands’ combined 46 million monthly average users (MAUs) to its existing 300 million MAU’s, 250,000 Wiki communities and 40 million pages of content.

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With the addition of these gaming, movie and TV platforms, Fandom expects to extend its programs for advertising partners — including game publishers, studios and streaming video services.

“In addition to creating exceptional fan experiences, these platforms will add to our data offering … [and] will help improve the consumer experience as well as make our commerce and advertising businesses more impactful,” Perkins Miller, CEO of Fandom, said in a statement.

This deal marks another page in Fandom’s growth trajectory. In 2018, Fandom acquired ScreenJunkies to bolster its entertainment and news coverage. The company acquired Curse Media in 2019, which combined video gaming wikis digital gaming tools. In 2021, Fandom acquired Fanatical, an e-commerce video game retailer, which strengthened the company’s footprint in gaming.

LionTree served as exclusive financial advisor to Red Ventures on the transaction.

Netflix Bringing Back ‘Tudum’ Fandom Events

Apparently reports about Netflix scuttling its Tudum fan website were incomplete. Last year, the Tudum global virtual event garnered more than 25 million views across 184 countries. It is returning this year on Sept. 24 with five events across four continents in 24 hours.

Tudum: A Netflix Global Fan Event 2022 (named after the sound when the Netflix app launches) aims to offer exclusive news, never-before-seen footage, content trailers, and first looks, as well as interviews with the streamer’s biggest stars and creators for its 100 most-popular shows.

The marketing event’s schedule includes:

  • At 11 a.m. KST (7 p.m. PT Sept. 23), Tudum kicks off with an exciting show out of Korea.
  • At 11 a.m. IST (10:30 p.m. PT Sept. 23), fans will be treated to a fun look at what’s ahead from India.
  • At 10 a.m. PT, fans will get exclusive news from our shows, movies and games coming out of the United States and Europe, as well as an additional event which previews the great entertainment coming from Latin America. 
  • At 1 p.m. JST Sept 25 (9 p.m. PT Sept. 24), Netflix stars from Japan will close out Tudum with a celebration of Japanese entertainment.

While the Tudum marketing event continues, the brand’s website remains a question mark. Following Netflix’s disappointing first-quarter fiscal results, which involved the first net subscriber loss in 10 years, the streamer announced staffing cuts, which included within the 10-person Tudum staff.

Netflix at the time said it wasn’t shuttering Tudum, calling the platform, “an important priority for the company.”

Tudum.com/event will be available across Netflix YouTube channels in a number of different languages.

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Netflix to Launch First Geeked Week

Netflix will launch its first “Geeked Week” June 7-11 on social media. 

The free, five-day virtual event will highlight such Netflix series and films as “Stranger Things,” “The Witcher,” “Castlevania,” “The Umbrella Academy” and The Old Guard and will offer fans exclusive news, new trailers, live art, drop-ins from stars and more.

“These fandoms aren’t just about making GIFs, buying merch or theorizing about the next big twist(s),” read the announcement. “They’re about sharing excitement and connecting with people from all over the world who hold the same passion for those characters and stories.”

Info is at GeekedWeek.com, TwitterInstagramTwitch and Facebook.

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