– Germany-based media company ProSiebenSat.1 has acquired a minority stake in US-based online media provider Collective Digital Studio (CDS) through a “significant investment”. CDS has not revealed any previous funding. The deal followed in the wake of The Walt Disney Company’s $500m acquisition of another digital media provider, Maker Studios, earlier in the week, though Maker had raised $66m in equity prior to its acquisition.
– UK-based media and advertising corporate WPP has been on a deal streak of late,…
