BroadbandTV Corp

BBTV
Company typePrivate (2005-20, since 2024)
Public (2020-24)
TSX: BBTV (2020-24)
IndustryInternet Video
Founded2005; 19 years ago (2005)
FounderShahrzad Rafati
Headquarters,
Canada
Key people
Shahrzad Rafati (CEO)
Websitewww.bbtv.com

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]

  1. ^ "BroadbandTV Content Partners Nominated for The 9th Annual Streamy Awards Which Honor Excellence in Online Video | Financial Post" (Press release). 2019-10-17. Archived from the original on 2019-11-16. Retrieved 2019-11-16.
  2. ^ "BroadbandTV Now Viewed by More Than 575 Million Unique Viewers Each Month (and Represents 56% of Google's Unique Viewership)". www.bctechnology.com (Press release). Archived from the original on 2019-11-15. Retrieved 2019-11-16.
  3. ^ Rockel, Nick. "STEM POWER: Shahrzad Rafati". BCBusiness. Archived from the original on 2019-11-15. Retrieved 2019-11-16.
  4. ^ "BBTV Completes The Largest TSX IPO With Sole Female Founder & CEO". www.businesswire.com. 2020-10-28. Retrieved 2024-01-11.
  5. ^ Inc, BBTV Holdings. "BBTV Holdings Completes Going-Private Transaction". www.newswire.ca. Retrieved 2024-01-11. {{cite web}}: |last= has generic name (help)