Canada’s TransGaming Acquires Oberon’s TV Interactive Division for $7 Million

TransGaming, a Canada-based distributor of games for set-top boxes and computers, has acquired the interactive TV division of Oberon Media, a New York-based games distributor. TransGaming will pay up to $7 million, including $3 million in cash on closing, $2 million in earn-outs and four million TransGaming shares. Oberon’s network, which in North American includes DISH Network and DirecTV, distributes games to nearly 50 million households.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald