Los Angeles content maker and distributor AwesomenessTV has acquired Hollywood YouTube network Big Frame in a $15 million cash deal, marking yet another acquisition in the red-hot multichannel network market.
Teen-oriented AwesomenessTV was itself purchased by DreamWorks Animation last year for $33 million.
Big Frame’s 300-plus channel lineup has garnered 39 million subscribers. The combined company is expected to yield 80 million subscribers and “close to 1 billion views a month,” according to a press release.
In addition to its own roster of channels, AwesomenessTV also produces television and feature film content. Veteran film and TV producer Brian Robbins founded AwesomenessTV in 2012 and serves as chief executive.
Big Frame was founded by Sarah Penna and Steve Raymond in 2011.
“Sarah and Steve have a great track record for identifying and developing talent and we believe that working together we can build talent brands that will transcend YouTube,” Robbins said in the statement.