Continuing the discussion from Gettablo.com – Free Lifetime Guide? Is it a legit Tablo site?:
https://ir.scripps.com/static-files/ffbdf0f1-2c3c-4b9d-b13d-c901a3df252d>
- Acquisitions
Nuvyyo Acquisition
On January 5, 2022, we acquired Nuvyyo for net cash consideration totaling $13.8 million. Nuvyyo provides consumers DVR product solutions to
watch and record free over-the-air HDTV on connected devices. The preliminary purchase price allocation assigned $7.2 million to intangible assets with
useful lives ranging from three to five years, $7.1 million to goodwill and the remainder was allocated to various working capital and deferred tax liability
accounts. The estimated goodwill, which is not tax deductible, reflects the synergies and increased market penetration expected from combining the
operations of Nuvyyo with Scripps. We allocated the goodwill to our Other segment.
So now Tablo/Nuvyyo answers to shareholders. Legally it must act in it’s shareholders best interest, you know like giant corporations work.
Lifetime support? Endless updates? What’s next in line after cutting types of subscriptions and services? Here a fee, there a fee to the tune of $14M to recoup.
