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  "docSlug": "9551be67f14d",
  "documentTitle": "Perion Network Ltd. (PERI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-05-23 00:00:00",
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  "pageNumber": 112,
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  "notes": "Uses screenshots of social media profiles to undermine the company's narrative.",
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      "text": "A review of Vidazoo's social presence indicates limited breadth, especially at YouTube, a video platform where it had just three subscribers.",
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      "kind": "paragraph",
      "text": "In October 2021, Perion acquired Vidazoo for $93.5m ($35m cash upfront and a maximum $58.5m earn-out based on EBITDA). The Company was founded in 2014, described as highly differentiated, and serving \"hundreds of video-hungry publishers.\"(1) A review of Vidazoo's social presence indicates limited breadth, especially at YouTube, a video platform where it had just three subscribers.",
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      "kind": "source-note",
      "text": "Sources: YouTube, Twitter, Facebook, Instragram (1) Deal press release",
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      "kind": "title",
      "text": "The Vidazoo Acquisition: A Video Platform With Limited YouTube And Social Presence?",
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      "position": 0,
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