Online video network Fullscreen has entered talks with Time Warner over an acquisition that would grant exits to Comcast, Chernin and WPP.
Media conglomerate Time Warner is in negotiations to acquire US-based online video network Fullscreen in a deal that would provide exits to several strategic investors, according to Reuters, which cited three undisclosed sources.
WPP Digital, which acts as the investment arm of advertising firm WPP, media and entertainment company Chernin Group, and Comcast Ventures, the corporate venturing arm of media and communications business Comcast, co-led a series A round in June 2013 reported by All Things Digital to be sized…