Viggle, a Nasdaq-listed media company, has ended its agreed plans to buy GetGlue, a social check-in company for television programs and other entertainment, for $85m.
Viggle, a Nasdaq-listed media company, has ended its agreed plans to buy GetGlue, a social check-in company for television programs and other entertainment, for $85m.
The deal had includes $25m in cash and 48.3 million Viggle shares, a company founded in 2010 by media entrepreneur Robert Sillerman.
In January last year, GetGlue closed a $12m funding round from investors including corporate venturing unit Time Warner Investments.
The round was led by Rho Ventures, the venture capital (VC) division of private…
