I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“Vice Media hires financial advisor for sale: report” Vice Media, the Brooklyn-based digital media company founded by Shane Smith, has hired bankers to put the company up for sale, according to a report. Several buyers have expressed “preliminary interest” in buying Vice outright, CNBC reported late Monday. Vice, which is saddled with outstanding debt and…
“G/O Media buys business news site Quartz” G/O Media, the owner of a handful of sites that once belonged to Gawker Media, announced Thursday it is scooping up the business news site Quartz. Terms of the deal were not disclosed. Quartz co-founder and CEO Zach Seward told employees in a memo Thursday that he agreed…
“#More glossies launched in 2021” COVID lockdowns apparently are good for at least one thing: all that extra time to spend flipping through a magazine — a down-and-out corner of the media industry that got an unexpected boost last year. The second year of the pandemic brought a surprisingly sharp rebound in new print magazines,…
“#Group Nine, Vox keep price of deal quiet” Vox Media and Group Nine are keeping the value of their merger private — and that may be because the number isn’t as eye-popping as digital media darlings once commanded, On The Money has learned. Sources say Group Nine’s worth has slumped to $225 million, less than…
“#Vox Media agrees to buy Group Nine Media in all-stock deal” Vox Media, owner of New York magazine, the Verge and Vox, has inked a deal to buy Group Nine, home to Thrillist, The Dodo and NowThis, creating a new digital media juggernaut. Terms of the all-stock deal were not disclosed late Monday. Vox Media…
“#Axel Springer ousts Bild editor Julian Reichelt after sexual misconduct probe” Axel Springer, the owner of Politico, Insider and a host of digital media publications, has ousted Julian Reichelt, a top editor at its German tabloid Bild, after an explosive report revealed his alleged sexual misconduct and the company’s efforts to sweep it under the…
“#Vice begins a new round of layoffs as company shifts to video” Vice Media quietly enacted a new round of layoffs Thursday, as the Brooklyn-based gonzo news company continued to shift its focus toward video content. A memo from Vice’s chief digital officer Cory Haik that was peppered with corporate-speak heralded the “growth period” of…
“#Forbes to become public company through $630M SPAC merger” Forbes Global Media, the publisher of Forbes magazine, said Thursday that it will go public through a merger with a blank-check acquisition firm in a deal that values the combined entity at $630 million. The company said it will merge with special purpose acquisition company Magnum…
“#German publisher Axel Springer strikes deal to buy Politico” German publishing giant Axel Springer said Thursday it has struck a deal to buy the US-based, politics-focused news site Politico. The companies didn’t disclose a sale price, but reports have valued the deal at about $1 billion. Reports of a potential deal leaked out earlier this…
“#Axel Springer reportedly in talks to buy ownership stake in Politico” Axel Springer is in talks to buy an ownership stake in Washington-based news publisher Politico, according to a report late Monday. The deal talks may include a full buyout of Politico, the Wall Street Journal said, citing anonymous sources. The talks could also fall…