The Global Media Business Weekly
Climate change online
Exact Editions is the 16-year-old London-based publisher which specialises in digitising content across web and app platforms, selling subscriptions to indviduals and institutions and…
McGraw buys Achieve3000
McGraw Hill is acquiring Achieve3000, a leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 49 countries. Financial terms not…
Top Hat buys science
Canada-based Top Hat has acquired Morton Publishing Company, an independent specialist in educational content for the sciences. The acquisition includes over 600 labs and course materials that…
Why The Guardian must change
This is the season for Brits to argue about not-for-profit media. The publicly-owned BBC is being urged to devise funding arrangements eventually to replace the archaic 'TV licences' for which…
Springer buys Politico. CNN next?
Axel Springer, the €3bn-revenue German media group part-owned by KKR private equity, has agreed to buy the Washington DC-based Politico from publisher Robert Allbritton. The deal values…
Forbes goes SPAC for $630m
Forbes magazine, of the US, has agreed to go public via a merger with a special purpose acquisition company (SPAC) that values the legendary brand at $630m. The Forbes deal with Magnum Opus…
Virtual clinic hits $1bn
New York-based Kate Ryder, whose pioneering Maven Clinic provides online health services to women and families, has raised $110m in funding, bringing its valuation to more than $1bn. More than…
The Hill sold for $130m
US local TV company Nexstar Media Group has bought Washington DC news brand The Hill in a deal worth $130m, believed to be some 3 x revenue and 9 x EBITDA. Nexstar views the deal as a route to…
Footballco buys Italy news site
Footballco a private equity-backed football news site and owner of Goal. Com, has bought CalcioMercato.com, a major provider of soccer news in Italy. CalcioMercato.com was founded by its main…
Vox buys Punch drinks brand
Vox Media, US owner of The Verge, Vox and New York magazine, has bought the Punch media brand which covers drinks and cocktails. Punch will join Vox’s Eater segment covering food and…
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