"Amaze () Holdings completed the acquisition of the assets of The Food Channel. The purchase price for the assets was $650,000 payable in the form of a convertible promissory note issued by Amaze. The purchase marks a key step in Amaze's strategy to expand into new creator verticals. The acquisition enables Amaaze to combine its network of food creators with The Food Channel's established digital brand to power a next-generation social commerce and entertainment platform."
"The Amaze team is currently developing an all-new FoodChannel.com, designed to deliver an immersive, community-driven experience. This will allow Amaze's 60,000 plus food creators to engage new audiences and brands at the redesigned FoodChannel.com."
Amaze Holdings completed the acquisition of The Food Channel's assets for $650,000 payable via a convertible promissory note. The acquisition advances Amaze's strategy to expand into new creator verticals and integrate food-focused content. Amaze intends to combine its network of more than 60,000 food creators with The Food Channel's established digital brand to build a next-generation social commerce and entertainment platform. The Amaze team is developing an all-new FoodChannel.com to deliver an immersive, community-driven experience. The redesigned site will enable creators to engage new audiences and collaborate with brands.
Read at TipRanks Financial
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