Scandinavian reversal for Media Tech SPAC

Unquoted shell Media Tech SPAC is acquiring Scandinavia-based Drylab A/S, which has developed a subscription-based film and TV production platform. The acquisition is expected to be completed in the next few weeks and it fits with the film and TV experience of the Media Tech SPAC board.

The Drylab SaaS platform (www.drylab.io) is used in more than 90% of productions in Sweden and Norway, including the Oscar-nominated The Worst Person in the World. The deal will help to market the technology ...

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