GetGlue Calls Off Viggle Deal

GetGlue CEO Iskold says company has decided to not merge with second-screen startup Viggle

By Todd Spangler, Multichannel News -- Broadcasting & Cable, 1/13/2013 9:42:10 PM

Two month after second-screen app startup Viggle announced plans to buy GetGlue for $25 million plus stock, GetGlue has decided to call it off, CEO Alex Iskold wrote in a blog post Sunday.

"Today we've decided that GetGlue will not be merging with Viggle. The two companies remain friendly and think highly of each other," Iskold wrote. "We are moving forward as an independent company, and all of us at GetGlue are excited about growing our social network and the leadership position on the second screen."

Viggle representatives did not immediately respond to a request for comment.

Iskold, in an email, declined to provide additional information about why GetGlue walked away from the Viggle deal.

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