The Global Media Weekly
Kompany 39 buys Morning Blitz
Kompany 39, US based sports media company, has acquired the daily sports newsletter Morning Blitz and immediately rebranded itself as TorchPro. TorchPro connects fans and aspiring athletes…
18 March 2021
1 minute read
Is Vox Media the new model?
Vox Media is a different kind of media group. The company, which laid-off more than 70 staffers (6% of its headcount) during 2020, ended the year by giving all its people a $1,000 bonus.…
12 March 2021
9 minute read
How Aussie media is being re-made
This month, the biggest job in Australian media changed hands. Mike Sneesby was named the new CEO of Nine Entertainment Co, (NEC), the listed company controlled until 2006 by the Packer family…
12 March 2021
9 minute read
BuzzFeed to go public
Digital publisher BuzzFeed this week made redundant 47 staff of HuffPost (which it acquired in February) and also closed its Canada edition. Founder and CEO Jonah Peretti told staffers the…
11 March 2021
3 minute read
Allbright in Australia
Allbright, the London-based professional women’s networking platform, has acquired The Grace Tales, an Australian website for women, particularly mothers. The website had been started by a…
11 March 2021
1 minute read
Springer Nature+Atlantis
UK based academic publishers Springer Nature has acquired Atlantis Press, an open access conference proceedings and periodicals publisher. Atlantis was founded in France in 2006. Its academic…
11 March 2021
1 minute read
Politiken buys Dezeen mag
Danish Media company JP/Politiken Media Group has bought the UK design magazine Dezeen. The deal is its first acquisition outside Scandinavian and signals the intent to expand internationally.…
11 March 2021
1 minute read
New Scientist x4 in three years
The UK-based New Scientist magazine has been acquired by the Daily Mail Group (DMGT) for £70mn in cash. That's an estimated 10x £7mn EBITDA for 2021 – almost 4x the £18.5mn price paid when…
5 March 2021
3 minute read
Why magazines are the new trophy assets
The Atlantic is the 164-year-old US political, scientific and literary magazine that once campaigned for the abolition of slavery and featured the writings of Ernest Hemingway and Mark Twain.…
5 March 2021
5 minute read
How will Reach play the game?
The death 30 years ago of Robert Maxwell casts a long shadow over Reach Plc, the Daily Mirror publisher he almost destroyed. The tragic chaos of 1991 is never far away from the UK's largest…
5 March 2021
3 minute read
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