MTV Networks Acquires Atom Entertainment

Aug 11, 2006


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MTV Networks, a division of Viacom, Inc., has announced a definitive agreement to acquire Atom Entertainment, Inc., a portfolio of four online destinations for casual games, short films, and video, for $200 million. Its portfolio includes: Shockwave.com, AddictingGames.com, AtomFilms.com, and AddictingClips.com. The acquisition is subject to customary closing conditions and is expected to close in the third quarter 2006.

(www.mtvn.com; www.atomentertainment.com)