MONTREAL — Luxembourg-based Byborg Enterprises SA has acquired 100% of Canadian adult conglomerate Gamma Entertainment.
"Gamma Entertainment is known for managing some of the most iconic brands in the adult industry, including Adult Time, the premium subscription service that offers a personalized content experience for its viewers," said a Byborg rep. "This acquisition will enable Byborg to expand its network of industry leading platforms. The two companies share the same values and vision for the future, including a commitment to compliance and a shared desire to make the industry safer for both creators and consumers."
Byborg, the parent company of LiveJasmin, announced that Gamma management will remain in place, with the exception of company founder and President Karl Bernard, who will step down.
"I am excited to announce the acquisition of our company by the prestigious Byborg group," Bernard said. "Leading this company has been an extraordinary journey, and I am deeply grateful to our incredible team for their dedication and the remarkable achievements we have accomplished together. As I prepare to step down, I do so with great confidence in Byborg's leadership. Our shared values and vision for the future set the stage for even greater success in the years ahead."
Added Byborg co-founder Karoly Papp, "We are thrilled to welcome Gamma Entertainment into the Byborg Network. Their creativity and production capabilities perfectly align with our goal of delivering top-tier experiences to our customers. The synergies between our brands open up exciting possibilities for collaboration, which will drive growth and elevate our platforms to new heights."
For more information, visit ByborgEnterprises.com.