The Global Media Business Weekly
BuzzFeed profits from ads boom
BuzzFeed broke through into profit with EBITDA of $5.5m in the second quarter of 2021, compared with a loss of $1.38m a year earlier. Revenue grew 51% to $89m, principally through advertising…
GlobalData buys IHS sciences
GlobalData, the £1.8bn UK quoted data and consulting company, is to buy the Life Sciences and drug pricing data business of IHS Markit in a deal completing by the end of this year. The…
Red Ventures sells TechRepublic
TechnologyAdvice, a content and lead gen service serving IT professionals and based in Tennessee, has acquired Tech Republic, a newsletter and online information, from Red Ventures Inc.…
Vox buys Hot Pod
Vox Media, via its tech brand The Verge, has acquired the subscription-based newsletter Hot Pod, which was founded in 2014 by Nicholas Quah who will become a podcast critic in Vox. The…
OpenEx buys Nucleus195
OpenExchange, a financial and investment sector communication service based in Boston in the US, is to buy the Nucleus195 platform which provides a marketplace for research and market data.…
UK Tech mag sold
The Engineer Network, a Kent UK based publisher has bought design magazine Industrial Technology where the brand will join others including Machine Building and Fastening & Bonding. The…
Online chess sold
Canadian video and esport company Enthusiast Gaming has bought the online chess community GameKnot, which offers news, strategy, connection and online competition to chess players. GameKnot…
Where is ‘secret’ Red Ventures going?
Ricardo (Ric) Elias is one of the world's most fascinating business leaders but you may not know his name. Unless you are one of the 8m people who have watched and listened to his TED Talk “3…
Can Phuzion save print ads?
As media businesses emerge – some bruised, some dazed, some in surprisingly rude health – from the latest lockdowns, one surprise winner stands out in the UK: the humble QR code. Yes, that…
‘Vice loses SPAC – and founder’
The Information has reported that Vice Media is raising over $85m in fresh capital from existing investors, as talks to IPO via a special purpose acquisition company (SPAC) have ended.…
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