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Warner Bros. Nears Deal to Acquire Machinima | Concurrent Media
Warner Bros.’ buyout of Machinima would value the digital player at less than $100 million, after the studio declined to meet Machinima’s asking price of $150 million (twice its projected 2016 revenue), according to sources cited by the Information. Jefferies is repping Machinima in the deal, per the report. Source: Warner Bros. Nears Deal to Acquire Machinima