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Digital news publisher and suddenly-strapped-for-cash Mic is in sales talks, according to sources familiar with the matter who speculated that Bustle Digital Group (BDG) or its founder, Bryan Goldberg, might end up buying it. Mic was founded in 2011 and has largely targeted millennials, covering... Continue reading at 'AdWeek'
[ AdWeek | 2018-11-29 00:00:00 UTC ]
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The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle... Continue reading at 'Fast Company'
[ Fast Company | 2017-12-05 00:00:00 UTC ]
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#layoffs loom
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