As you know, FreeWheel is always looking for opportunities to make our business stronger, more impactful, and better able to operate on a larger scale for the future.
Today we are thrilled to announce that we have found the right partner to help us achieve our vision and have made a decision to sell our business to Comcast.
FreeWheel’s mission has always been to unify television advertising wherever content is viewed. To make this a reality, the industry needs an enterprise advertising platform that works on all screens, across the entire ecosystem, at scale. Comcast’s investment in our business and our future innovations will accelerate our ability to deliver on our vision, providing us with the strength and staying power that our clients demand, while maintaining our commitment to the success of our extensive and diverse customer base. We have developed a strong and productive relationship with Comcast and know that they will be a solid partner for FreeWheel in the future, just like they have for thePlatform and STRATA.
The three of us have each signed multi-year agreements to stay on in our roles and are fully committed to seeing our dream become a reality within the Comcast family.
We look forward to continuing to play an important role within the TV ecosystem, working to the benefit of programmers, operators, and our partners.
This is a great day for our company. Thank you all for your support over the past seven years!
Doug, Jon, and Diane