Eventful acquired by CBS Local Media

Eventful acquired by CBS Local Media

 

Eventful, a company founded in 2004 and aimed at connecting consumers with entertainment, movies and local events has been acquired by CBS Local Media. 

The acquisition comes at a time when providing localised services is becoming big business and Eventful certainly has the experience and the technology to give CBS a leg-up in that area. The combination of the two companies will provide users with more engaging content, empower fans to influence programming and assist content creators to expand the relationship with their fans. In addition it will create interesting new opportunities for marketers to reach consumers across a variety of mediums and platforms. 

The terms of the acquisition were not disclosed but all 55 staffers at the company will become part of the CBS Local Media team. 

Ezra Kucharz, President of CBS Local Digital Media, said in a statement: The large volume of content available to consumers has created an environment where they are looking for credible brands to aid in the discovery process.[…] Eventful’s talented and veteran team has created a best-in-class product that users have grown to trust. In combination with CBS Local Media’s assets and under the division’s leadership, we look forward to satisfying the increasing demand for customized event information regardless of how someone chooses to access it.”

 

(Andrea Leonelli)