JungoTV Holdco, Inc. (Jungo TV; All Women's Sports Network)
VEON agreed to acquire 33.75% of JungoTV Holdco and control rights. Consideration is US$5M cash payable on signing plus approximately 2.35M existing VEON-held Kyivstar shares delivered at closing, at a US$18 agreed reference price. US$47.3M is an approximate arithmetic reference value (5 + 2.35 x 18), not a fixed final price, all-cash investment, or Jungo valuation; closing share value depends on market price. No new Kyivstar shares issued. Closing expected in 2027, subject to conditions and approvals; shares have staged 12-month lock-up and orderly sell-down restrictions. Portfolio includes AWSN, co-founded with Whoopi Goldberg, alongside global entertainment channels. Date follows November 5 dateline; company page and wire publication dated November 6. No separate AWSN transaction or implied valuation inferred.
- ID
- D228
- Date
- 2026-11-05
- Year
- 2026
- Sector
- Media rights & distribution
- Target
- JungoTV Holdco, Inc. (Jungo TV; All Women's Sports Network)
- Principal talent / founder
- Whoopi Goldberg (AWSN co-founder)
- Talent-led
- Yes
- Acquirer / investor
- VEON Ltd.
- Acquirer type
- Digital operator / strategic media investor
- Deal type
- Strategic minority stake + control rights (proposed)
- Stake %
- 33.75%
- Deal value ($M)
- 47.3
- Implied valuation ($M)
- Undisclosed
- Revenue at deal ($M)
- Undisclosed
- Implied revenue multiple
- Undisclosed
- Value confidence
- Estimated
- Status
- Announced; closing pending
- Term
- Expected 2027; US$5M cash + approximately 2.35M existing Kyivstar shares at US$18 reference price
- Date added
- 2026-11-06
- Last verified
- 2026-11-06
Source: VEON (company announcement); SEC Form 6-K
Deal value and implied valuation are separate measures. Undisclosed financial terms are not inferred. Read the methodology.