From Publishers Weekly:
OverDrive, the market leading digital reading platform for libraries and schools, has announced that it is acquiring Kanopy, a popular video streaming service for public and academic libraries. Terms of the acquisition were not announced.
The acquisition of Kanopy adds an extensive video catalog to the OverDrive platform, with some 30,000 films available to students and library users through the Kanopy platform, including iconic films produced by A24, Criterion Collection, Paramount, PBS and Kino Lorber. The move is yet another major move for OverDrive, which in June of last year acquired the library assets of RBmedia, just weeks after OverDrive itself was acquired by investment firm KKR.
Link to the rest at Publishers Weekly and thanks to C. for the tip.