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Corporate: OverDrive to Acquire Kanopy

June 10, 2021
By Michael Cader

Building on their initiative to provide a broader catalog of digital content to libraries, OverDrive announced that it is acquiring video streaming service Kanopy from private equity investor L Squared Capital Partners. The streamer provides 2,300 academic institutions and public libraries with a catalog of over 30,000 films. Kanopy is used by millions of students and library patrons and is available on all major web, mobile and TV platforms. OverDrive CEO Steve Potash says in the announcement, “The Kanopy apps and streaming viewing experience are excellent services to further benefit our network of public libraries and academic partners.” The release […]

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Filed Under: Finance, Libraries, M&A

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