“Indie Studio and Broadcaster Blue Ant Media Has Acquired Magellantv, A US-Based Digital Streaming Company Offering Premium Facted Content to Online Platforms Internation, for $ 12 Million. Launched In 2018 by Greg Diefenbach and Thomas Lucas, Magelantv Mainly Operates A Subscript Video-on-Demand Service that Will Complement Toron-Based Blue. Video-on-Demand”, – WRITE: www.hollywoodReporter.com
Launched In 2018 by Greg Diefenbach and Thomas Lucas, Magelantv Mainly Operates A Subscript Video-on-Demand Service that Will Complement Toron-Based Blue. Video-on-Demand and Free, Ad-Supported Streaming TV Channels.
Magellantv has a streaming content offering that rangs accounts the history, Nature, Science, Space and True Crime Genres, and A library of Premium Factual Documentaries Offerers Tauzers Tap.
Magellantv Also Distribution Partnerships with Roku, Amazon, Apple, Samsung, LG, Comcast, Vizio, Pluto TV, and Google To ReaCh Audiences in 13 Countries Across More. The Purchase Price for Magellantv Will Be Paid Initially with $ 6 Million Upfront Cash Payment, Followed by The Remaining $ 6 Million Being Paid Over Twoars.
Magellantv Co-FOUNDER DIEFENBACH WILL JOIN BLUE ANT as Executive VP of Streaming, Overseeing The Canadian Company’s Direct-To-Consumer and Subscription Video Busines and Report, Global Channels and Streaming. Fellow Co-Funder Lucas Will Remain with the Company for Several MONTHS TO SUPPORT The transition to blue anth.
“Joinging Blue Ant Creates New Opportunities to Scale Magellantv’s Platform, While Contribution to Blue Ant’s Expansion As A Leading Factorial Content Provider,” Diefencen. “We Look Forward to Working Closely with The Blue Ant Team to Expand Our Offers, Unlock Synergies, and Connect with Audiences AUND The Globe,“ They Added.
The Acquisition is the First Major Deal for Blue Ant Since Its Returned to the Toronto Stock Exchange with a Public Listing After Completing A Reverse Takeover of Assets From Boat Rocker Media. Blue Ant Is Mainly Compraged of A Broadcast and Streaming Channel Business, Blue Antudios, A Producer of Mainly Unscripted and Animation Programs Canadian Cable TV Channel Division.
“This Acquisition of Magellantv Increases Blue Ant’s Scale and Adds Audiences and Distribution Capabilites that Highly Complementary to Our Business,“ Michael Machael AntiTT Blue ant went public in aug. 2025 On the Tse With A Cad $ 155 Million (US $ 112 Million) Credit Facility from Bank of Montreal to Support in Part Strategic Investments As It Drives Growth Teunda Acquisitions.