FremantleMedia has agreed to buy a further 51% stake in Ludia, a Canada-based developer and publisher of interactive games, to own 80% after its corporate venturing unit had taken a minority stake last year.
FremantleMedia, a television (TV) subsidiary controlled by Germany-based media group Bertelsmann, has taken majority control of Ludia, one of its corporate venturing portfolio companies.
FremantleMedia has agreed to buy a further 51% stake in Ludia, a Canada-based developer and publisher of interactive games, to own 80% in total. Alex Thabet, Ludia’s president and founder, will continue in his position and the holding will not impact any of the firm’s existing management team or third party partnerships.
In March last year,…
