The Global Media Business Weekly
Fuller buys ‘his’ Flying magazine
Craig Fuller, flying enthusiast and founder of the Freightwaves information business, has bought Flying magazine from the US subsidiary of Sweden’s Bonnier group for a price believed to…
‘Vox and Vice push into TV’
The Information says that Vox Media, Group Nine and Vice Media are all building up film and TV businesses and that Vox’s studio, for example, will account for about one-third of its…
Wellness co buys CraftyBaking
In the US, Obsidian Holdings LLC has acquired the CraftyBaking website and its supporting social media from Sarah Phillips. The widely-praised website was started in 2000 and includes over…
Substack buys Letter platform
Substack, the newsletter platform, has acquired Letter, a “public correspondence startup”. Terms not disclosed. Letter operates in a similar way to Twitter but allows longer form…
Cvent merges with Dragoneer
Cvent, the event management technology company, is merging with Dragoneer Growth Opportunities Corp, listed on Nasdaq in the US, in a move which values the company at over $5billion. The…
Beringer buys property media
US private equity firm Beringer Capital has acquired the US based property media business, Inman Group. Beringer has an investment focus on media, marketing and tech companies and is the owner…
Recurrent buys Futurism
North Equity-backed digital media company Recurrent Ventures, based in Florida, has bought the emerging technology and science news brand Futurism. Recurrent already owns the brands Popular…
Playmaker buys YB sports brand
Canadian online sports and betting company Playmaker Capital has acquired Yardbarker from YB Media. The sports news platform publishes 25,000 articles each month covering American football,…
Open Road buys Bloodhound
Open Road Integrated Media has bought UK publishing company Bloodhound Books, based in Cambridge. The company, founded in 2014, has a backlist of 600 fiction titles with a particular strength…
Gawker is back
Here’s the ‘welcome back’ letter from Leah Finnegan (ex New York Times and The Outline), editor in chief of the ‘new’ Gawker, under the ownership of Bryan…
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