February 2020

Comcast Acquires XUMO

Comcast Cable Communications, LLC, acquired all of the membership interests of XUMO, an advertising-supported streaming service based in Irvine, California that was previously owned as a joint venture between Panasonic and a subsidiary of Meredith Corporation. XUMO will continue to operate as an independent business unit inside Comcast Cable.

Faegre Drinker represented Comcast in the transaction, which closed on February 25, 2020.

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