The Global Media Weekly
Singapore real estate deal
PropNex, the Singaporean estate agency, is to buy a 70% share of Ovvy, an app offering household services, for $1m. Propnex.com
8 April 2021
1 minute read
Graham buys Leaf Group
Graham Holdings, based in Virginia US, is to buy Los Angeles-based Leaf Group in a cash deal worth $323m. Leaf Group was established in 2006, originally as Demand Media, before its IPO in 2011…
8 April 2021
1 minute read
India poker deal
The Indian website India Poker News has bought rival site Pokershots. Both sites cover poker news and tournaments internationally. India Poker News is owned by PokerBaazi.com. Pokershots was…
8 April 2021
1 minute read
Can podcasts steal women’s market?
Just as the newsletter platforms from Substack, Facebook and Twitter may represent a threat to newspapers, so magazines may be at risk from podcasts – not just in terms of vying for readers’…
2 April 2021
6 minute read
Can free papers bounce back?
Vaccinations are helping companies now to turn their attentions to how their markets have been changed by the pandemic. You don't have to try too hard to see how retail, travel and home…
2 April 2021
5 minute read
‘SPAC rescue for Vice Media’
Vice Media is expected effectively to go public with plans to merge with the special purpose acquisition company (SPAC) 7GC & Co Holdings, according to The Information. The apparent…
2 April 2021
3 minute read
Will News Corp SELL next?
Just one week after the New York-based News Corp acquired Investor’s Business Daily, it has announced a deal by its HarperCollins book publishing division to buy HMH Books & Media,…
1 April 2021
3 minute read
Acast ramps up podcast platform
The seven-year-old global podcast platform Acast is launching Acast+, “a raft of powerful subscription tools to support podcasters across the majority of open listening platforms”…
1 April 2021
1 minute read
Substack raises $65m
Substack, host to newsletters created by respected journalists and small following enthusiasts alike, has successfully raised $65m in a latest fundraising round valuing the company at $650m.…
1 April 2021
1 minute read
France TV merger?
Bertelsmann, of Germany, has been reviewing its TV interests in France. Earlier this year, the company was inviting bidders for it 48% stake in French broadcaster M6. The company was aiming…
1 April 2021
1 minute read
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