This is a public record generated listing.
Assets of IP Streaming Television Services and Technology Business
Listing Information
Attachments
Assets of IP Streaming Television Services and Technology Business
Price: Not Specified
Other Item Info
Item #: debke_184426
Created: 03/09/2021
Category: Business Property > All Assets or Going Concerns > Media
Sale Date: Thu. Apr 29, 2021
Created: 03/09/2021
Category: Business Property > All Assets or Going Concerns > Media
Sale Date: Thu. Apr 29, 2021
Seller Info
Mary Caloway
Debtor's Attorney
919 North Market Street Suite 1700
Wilmington, DE 19801
302-778-6464
Debtor's Attorney
919 North Market Street Suite 1700
Wilmington, DE 19801
302-778-6464
Bankruptcy Info
Case #: 1:21-bk-10457
Case Title: MobiTV, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: MobiTV, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of assets of MobiTV, Inc., et al., (the “Sellers”). The sellers are leading providers of end-to-end Internet protocol streaming television services ("IFTV") through which the sellers provide a video platform and technology that streams content from leading television providers such as HBO, Fox, the Walt Disney Company, NBC, CBS, and others. The sellers offer their IPTV services and technology to cable television operators, broadband providers, and cellular device carriers via its proprietary cloud-based, fully customizable, white label application, allowing the sellers over 125 business customers to provide television content to over 300,000 end-user subscribers.
You can contact the Seller (above) or click on the case # in the bankruptcy case information section to find additional documents and descriptions regarding these assets for sale.
Financial Overview
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Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on May 12, 2021.
- Minimum Initial Overbid. Bidding shall commence at the Baseline Bid. The first overbid at the Auction (the "Minimum Initial Overbid") shall be in an amount not less than (i) the amount of the Baseline Bid plus (ii) the Bid Protections (if any) plus (iii) $500,000 (the "Initial Overbid Amount").
- Bid Increment: $250,000
- Bid Deposit: 10% of the aggregate cash and non-cash purchase price of the bid
- Bid Deadline: April 23, 2021
- Last date to respond: May 6, 2021