Mashable Hires Bankers to Study Options Including Sale

Mashable is exploring strategic options including the sale of all or part of the online media company, according to people with knowledge of the matter.Mashable, founded in 2005, may draw interest from buyers in Europe and the U.S., said one of the people, who asked not to be identified discussing private information. The company said Tuesday it hired LionTree Advisors months ago to seek more capital and isn't in conversations about a sale.Pete Cashmore, who founded the media company at age 19 in Aberdeen, Scotland, held talks to sell Mashable to CNN about five years ago. The publisher offers European companies a foothold in new, online media popular with younger audiences. U.S. companies are already well entrenched in this area. Time Warner, parent of CNN, is one of Mashable's major investors and led a $15 million funding in March 2016. Walt Disney holds a stake in Vice Media and Comcast has backed BuzzFeed, Snap and Vox Media. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-08-16 00:00:00 UTC ]
News tagged with: #held talks #younger audiences #time warner #vice media #vox media

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[ The Christian Science Monitor | 2013-06-13 00:00:00 UTC ]
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[ The Bookseller | 2013-06-13 00:00:00 UTC ]
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Bowker: self-published ebooks 12% of sales

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[ The Bookseller | 2013-06-07 00:00:00 UTC ]
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Neil Gaiman's new novel = boffo sales in Cambridge

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[ The Christian Science Monitor | 2013-05-30 00:00:00 UTC ]
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Ingram Offers New POD Options Through IngramSpark

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[ Publishers Weekly | 2013-05-30 00:00:00 UTC ]
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Dwell Hires Yahoo Commerce Head to Run Digital Ops

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[ Folio Magazine | 2013-05-29 00:00:00 UTC ]
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Hot first-week sales for Inferno

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[ The Bookseller | 2013-05-21 00:00:00 UTC ]
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Argentine import laws stifling digital sales

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[ The Bookseller | 2013-05-20 00:00:00 UTC ]
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Growth in ebook sales slows in 2012

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[ The Christian Science Monitor | 2013-05-16 00:00:00 UTC ]
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Strong first-day sales for Inferno

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[ The Bookseller | 2013-05-15 00:00:00 UTC ]
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Jobs to go as Harlequin sees sales drop

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[ The Bookseller | 2013-05-09 00:00:00 UTC ]
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Barnes & Noble drops Nook prices, eyes Mother's Day sales boost

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[ Los Angeles Times | 2013-05-07 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-05-02 00:00:00 UTC ]
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Fifty Shades boosts UK book sales

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[ BBC News | 2013-05-01 00:00:00 UTC ]
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'The Hunger Games' trilogy drives juvenile fiction sales up 13.1 percent for 2012

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[ The Christian Science Monitor | 2013-05-01 00:00:00 UTC ]
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[ The Christian Science Monitor | 2013-05-01 00:00:00 UTC ]
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