Oh là là! Tether’s €10 Million Love Affair with Italian Media: A Comedy of Errors! 🎭💰

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On this fine day of March 27, the illustrious company proclaimed a most generous €10 million infusion into the charming Be Water, an Italian media firm that surely must be quenching the thirst of many a viewer! By the end of this month, Tether shall clutch a 30.4% stake in this delightful enterprise, as if it were a prized truffle! 🍄

Ah, Be Water! A veritable fountain of film, television, audio, and live content! Tether’s investment, one might say, is akin to a knight in shining armor, galloping forth to hasten international expansion whilst bolstering its digital infrastructure with the fanciful blockchain and other such modern sorcery! 🧙‍♂️

This partnership, dear friends, is expected to elevate the company’s prowess in distributing independent content across the vast and treacherous seas of global platforms. A noble quest indeed!

With this grand deal, Tether’s ever-expanding investment portfolio now dances across the realms of media, biotech, sports, and video platforms. Previous escapades include a staggering $775 million in Rumble, a dalliance with Juventus Football Club, and a princely $200 million investment in BlackRock Neurotech, a company dabbling in the curious art of brain-computer interfaces. 🧠💻

Our gallant Tether CEO, Paolo Ardoino, waxed poetic about the sanctity of editorial independence. He declared that this investment would shield Be Water from the oppressive weight of commercial narratives, allowing it to frolic freely in the fields of creativity!

He proclaimed:

“While often Media companies are bullied into kneeling to sponsored narratives simply to survive, Tether’s investment in Be Water ensures that the group will continue to remain solid, visionary and especially independent.”

Yet, despite Ardoino’s lofty claims, the investment has indeed altered the very fabric of Be Water’s ownership structure! The updated roster of shareholders now includes the likes of Guido Maria Brera, Giancarlo Devasini, and our dear Paolo Ardoino from Tether, alongside a motley crew of industry professionals such as Mario Calabresi, Roberto Condulmari, Saverio Costanzo, and Barbara Salabè. Quite the gathering, I must say! 🎩

Simultaneously, Be Water’s board shall witness a transformation, with Brera ascending to the throne of Chairman and Salabè donning the crown of CEO. Other board members include the ever-diligent Claudia Lagorio, Tether’s COO, and the astute Sabrina Giovannetti, Be Water’s CFO. A veritable council of wise sages!

Meanwhile, the media company embarks on a grand development plan, investing in next-gen digital infrastructure, expanding its investigative journalism arms, Chora and Will, and forging alliances with international film, TV, and documentary production talent. A most ambitious endeavor, indeed! 🎬✨

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2025-03-27 23:31