Ovation TV, Inc.

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Ovation TV, Inc. - overview

Established

1996

Location

Santa Monica, CA, US

Primary Industry

Media

About

Ovation TV, Inc. is a television network that specializes in delivering premium dramas, documentaries, and films aimed at enriching cultural appreciation and artistic expression. Founded in 1996 in Santa Monica, US, Ovation TV, Inc. is focused on providing high-quality television programming.


The company was acquired by an investor group led by Hubbard Media Group in August 2006. Charles Segars and R Daniels currently serve as CEO. Ovation TV, Inc. operates primarily as a television channel offering a diverse range of premium dramas, documentaries, and films.


Their core product offerings include original programming such as 'Murdoch Mysteries,' which has gained international acclaim for its engaging storytelling and character development. The channel features collections like 'Mystery Alley' and 'Art House,' appealing to viewers with varying tastes in artistic and narrative content. Ovation's programming aims to enrich cultural appreciation and provide an outlet for artistic expression, addressing the need for high-caliber content in a competitive media landscape. Ovation TV, Inc.


generates revenue primarily through subscription-based models and direct partnerships with cable and streaming service providers. Clients include both individual consumers and larger distributors, facilitating access to their programming through various platforms. Transactions typically involve standard subscription fees, allowing consumers to access the full range of content available on the channel. Flagship programming, such as 'Murdoch Mysteries,' plays a significant role in attracting subscribers, who may opt for different pricing plans based on content access levels or exclusive programming.


The company’s revenue structure is designed to accommodate a broad audience, ensuring a steady income stream from both direct-to-consumer sales and partnerships with digital platforms. Following the most recent acquisition led by Hubbard Media Group in August 2006, Ovation TV, Inc. aims to expand its product offerings and further penetrate the market. The company is developing new original programming and plans to launch these initiatives in the upcoming years, though specific release dates remain unannounced.


Additionally, Ovation targets expansion into new geographic regions, particularly focusing on growing their audience in Canada and exploring opportunities in international markets. The recent funding of USD 55. 00 mn will be utilized to support these initiatives, enhancing content production and marketing efforts.


Current Investors

Arcadia Partners, Corporate Parnters, Perry Capital

Primary Industry

Media

Sub Industries

Television & Film, Cable Service Providers

Website

www.ovationtv.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Ovation TV, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedOvation TV, Inc.-

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