ViralNova, a Social News Aggregator, Sells to Zealot Networks

Earlier this year, executives at social news site ViralNova had to make a decision. The two-year-old company that has never raised outside funding could stay independent and try to keep up with larger digital media companies like Vice and BuzzFeed on its own as was the plan since Sean Beckner joined as CEO in early 2014. Or it could become part of a larger media company to try to level the playing field. Mr. Beckner and ViralNova's founder Scott DeLong have chosen the latter.ViralNova has been acquired by Zealot Networks, an eleven-month-old media-and-entertainment company run by Danny Zappin who had co-founded Maker Studios, which Disney bought last year in a deal worth $950 million.After raising $30 million in funding last year, Mr. Zappin's new company has been building its business by buying a bunch of companies including a couple of talent management firms, three ad agencies, a content-licensing firm, a magazine publisher and a couple of music labels. Of the 15 acquisitions Zealot has completed since launching last year, ViralNova marks its largest one to date, said Mr. Zappin. He declined to say how much Zealot is paying for ViralNova but said that it's a cash-and-stock deal. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-07-09 00:00:00 UTC ]

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How Publishers Are Using Data to Transform Their Marketing Operations

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[ Folio Magazine | 2019-07-31 19:33:50 UTC ]
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How Magazine Publishers Are Cutting Print Costs to Improve Profits

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[ Folio Magazine | 2019-06-27 17:04:10 UTC ]
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Whose ad spending is up? The big FANG theory

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[ Advertising Age | 2019-06-25 07:00:00 UTC ]
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F+W Media Reveals Winning Bidders at Bankruptcy Auction

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[ Folio Magazine | 2019-06-17 16:16:56 UTC ]
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Bauer Media to Pursue Alternatives to Traditional Newsstand Supply Chain

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[ Folio Magazine | 2019-06-11 20:01:50 UTC ]
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Booksellers Association m.d. Meryl Halls has urged the Treasury Select Committee to "level the playing field" and reform business rates.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-21 22:14:38 UTC ]
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Ad vets to create universal ID and loyalty reward program to woo consumers

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Meredith is developing 10 original shows for Instagram’s IGTV

The 116-year-old magazine publisher wants to stake an early claim on Instagram’s would-be YouTube rival as it looks to video to accelerate digital growth. The post Meredith is developing 10 original shows for Instagram’s IGTV appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-10-09 00:00:00 UTC ]
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[ Digiday | 2018-08-14 00:00:00 UTC ]
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[ BBC News | 2018-06-14 00:00:00 UTC ]
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[ Publishers Weekly | 2018-03-27 00:00:00 UTC ]
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Lisa Garcia Quiroz in 2016. Her mission, she said, was to “give the Latino community a voice.” Continue reading at The New York Times

[ The New York Times | 2018-03-22 00:00:00 UTC ]
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[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
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[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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[ Advertising Age | 2017-03-27 00:00:00 UTC ]
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