The Global Media Business Weekly
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…
What next for Atlas Obscura?
Don't tell Facebook, but user generated content should not be cheap. Skilled curating can transform the contributions of readers and users into distinctive brands worth spending time and money…
The magic of club membership
As media businesses (finally) dare to contemplate a post-pandemic world, the big question is: what next for consumer events and physical meet-ups? Turn the clock back two years and events were…
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