Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority investment in a new entity that will merge three digital media companies -- Thrillist Media Group, NowThis Media, and The Dodo -- with two companies, Seeker and SourceFed Studios, that are already owned by Discovery.The digital media companies will maintain independent editorial operations, which seems to make the deal announced today more of a partnership than an outright merger or acquisition. But the new entity, Group Nine Media, will enjoy a larger consumer reach than any of its individual components, a fact that executives hope will attract advertisers. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
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Adams Publishing Group, LLC Acquires Chronotype Publishing Company

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[ Editor & Publisher | 2014-08-07 00:00:00 UTC ]
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Global Publishing Leaders 2014: China Publishing Group Corporation

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[ Publishers Weekly | 2014-06-27 00:00:00 UTC ]
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An Old Media Veteran Goes Digital at Glam Media

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[ AllThingsD | 2013-11-22 00:00:00 UTC ]
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Global Publishing Leaders 2013: China Publishing Group Corporation

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[ Publishers Weekly | 2013-07-19 00:00:00 UTC ]
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The Media Equation: Huffington Magazine Continues Digital Media’s Incursion

Arianna Huffington speaking at the party last week for Huffington, the new iPad weekly magazine. Continue reading at The New York Times

[ The New York Times | 2012-06-18 00:00:00 UTC ]
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Yale Publishing Course Aims to Expand Publishing’s International Scope, and Enhance Digital Monetization

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[ Folio Magazine | 2012-04-10 00:00:00 UTC ]
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Digital Self-Publishing: Should Publishers Be Worried?

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[ The Atlantic | 2012-03-02 00:00:00 UTC ]
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[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Here’s what a $7M, 30-second Super Bowl ad can purchase in digital media in 2024

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Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

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[ Publishers Weekly | 2024-01-11 05:00:00 UTC ]
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Morry Schwartz steps aside as chairman of independent publisher Schwartz Media

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[ The Guardian | 2023-12-11 06:44:11 UTC ]
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[ Publishers Weekly | 2023-12-04 05:00:00 UTC ]
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[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
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[ Publishers Weekly | 2023-11-13 05:00:00 UTC ]
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[ Publishers Weekly | 2023-11-03 04:00:00 UTC ]
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[ The New York Times | 2023-10-27 16:26:21 UTC ]
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[ Silicon Valley Business Journal | 2023-08-16 10:33:50 UTC ]
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