Irvine-based Ubiquity Broadcasting Corp. (OTC: UBIQ) said it has entered into a non-binding term sheet to acquire ZUUS Media, a next generation media company operating the ZUUS multi-platform music video network.
ZUUS offers four genre-specific music television channels (ZUUS Country, ZUUS Latino, ZUUS Hip Hop + R&B and ZUUS Hits), currently available in US households. The network also presents over 150 curated digital video channels available across Mobile, Tablet, Web, Facebook, and Connected TV platforms.
In addition to its extensive catalogue of premium music videos, ZUUS produces and broadcasts original content, including live footage, behind-the-scenes access, interviews, artist-hosted shows, and more. The acquisition is expected to create cross-selling opportunities for Ubiquity´s core product and service segments.
Based in Irvine, CA. Ubiquity is a vertically integrated, technology-focused media company focused in five specific areas with a robust portfolio of patents and intellectual property. For more information go to www.ubiquitycorp.com.
ZUUS is the premier “lean-back” destination in the world of music video entertainment. Its website is at www.zuus.com.