The Global Media Business Weekly
Baltimore news launch
Hotelier Stewart Bainum is to launch an all-digital news brand, The Baltimore Banner, having lost out in a bid to buy the Baltimore Sun earlier this year. There will be a launch budget of $15m…
21 October 2021
1 minute read
Europe’s ‘secret’ media hungry for growth…
There is a fast-growing European company you may not know, whose news media and digital audiences are almost 50% of their target population. Even its printed newspapers and magazines reach 25%…
15 October 2021
4 minute read
What newsletters really mean
The first known newsletters were exchanged between officials and friends in ancient Rome. By the fifteenth century, merchant families used newsletters to share news about the price and…
15 October 2021
5 minute read
Nextory acquires Youboox
Swedish company Nextory, a book streaming service, has acquired French book streaming company Youboox which gives its subscribers access to 400k books in all formats. Youboox was founded in…
14 October 2021
1 minute read
SpringHill raises $300m
US professional basketball star LeBron James’ entertainment, movies, e-commerce, and video games firm, SpringHill Company, has raised $250-350m from a consortium of investors led by RedBird…
14 October 2021
1 minute read
Mindbody buys ClassPass
The US-based, private equity-owned Mindbody, which sells software to help businesses fill classes and appointments, is buying ClassPass, the developer of an app that connects users with…
14 October 2021
1 minute read
NFL $50m data buy
Pro Football Focus (PFF) – owned by US broadcaster and former professional footballer Cris Collinsworth – has sold a minority stake to Silver Lake private equity, as the…
14 October 2021
1 minute read
SGR buys music site
Australia-based SGC Media has bought the music and entertainment website TheMusic.com.au from Handshake Media, in Melbourne. The site was launched in 2013 as an amalgamation of four…
14 October 2021
1 minute read
Signature launches Polly Pocket
Signature Publishing, of the UK, has agreed a deal with toy maker Mattel to launch Polly Pocket magazine. The Polly Pocket doll brand has a 30-year history, has sold 17m units and is…
14 October 2021
1 minute read
Black Ballad raises £335k
The UK-based Black Ballad website, a lifestyle start-up for black women, has raised £335k from crowdfunding and venture capital. The site, which was launched in 2014 by Tobi Oredein, has 22k…
14 October 2021
1 minute read
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