---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-013126"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:31:07.687746+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media acquires Big Village Insights & Agency for ~$20M, expects $50M added revenue

## Summary
- Purchase price of approximately $20 million in cash, plus assumed liabilities, funded by senior secured credit facility.
- Acquired assets expected to add ~$50 million in annualized revenue and be immediately accretive to 2023 Adjusted EBITDA.
- Acquisition includes Big Village's Insights and Agency divisions; expands Bright Mountain's data-driven insight capabilities.
- CEO Matt Drinkwater states deal aligns with long-term growth strategy and provides full spectrum of marketing services.

## SEC filing metadata
- accession: 0001493152-23-013126
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315223013126/0001493152-23-013126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315223013126/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-013126
- JSON: https://secwatch.observer/filing/0001493152-23-013126.json
- Plain text: https://secwatch.observer/filing/0001493152-23-013126.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.