Social Publisher Movie Pilot Sells Majority Stake to Webedia
Movie Pilot has sold a majority stake of its business to Webedia, a French publishing group, for an undisclosed sum on Thursday.
The Los Angeles-based social publisher and video production company has built an audience of 30 million followers — including six million on Facebook — with an emphasis on entertainment news. Creators Media, Movie Pilot’s parent company, and Super News, Movie Pilot’s go-to spot for nerd culture, will also be included in the deal.
Movie Pilot and Super News will become part of Webedia’s global expansion into several aspects of entertainment, from video game development to scripted and unscripted video content.