Company type | Private (2005-20, since 2024) Public (2020-24) |
---|---|
TSX: BBTV (2020-24) | |
Industry | Internet Video |
Founded | 2005 |
Founder | Shahrzad Rafati |
Headquarters | , Canada |
Key people | Shahrzad Rafati (CEO) |
Website | www |
BBTV is a Canadian media and technology company[1] founded by CEO Shahrzad Rafati in 2005. In 2019, the company was the second-largest video property by unique viewers, according to comScore.[2] Its head office is in Vancouver, British Columbia, Canada. BBTV's clients include the NBA, Paramount Global, and Sony Pictures.[3]
BBTV completed an initial public offering of its subordinate voting stock on the Toronto Stock Exchange on October 28, 2020, valuing the Company's shares at C$16.00 per share.[4] On January 10, 2024 the Company completed a "going-private" transaction whereby insiders of BBTV, including the Company's CEO Shahrzad Rafati, acquired the outstanding subordinate voting shares at a price of C$0.375 per share, representing a 98% decline in value from the Company's IPO.[5]
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