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May 24, 2021
In today’s ExchangeWire news digest: Axel Springer are reportedly in talks to acquire Axios; second-hand e-marketplace Vinted are valued at USD $4.5bn after a successful funding round; and addressable TV is expected to see reach decline in spite of higher revenues. Axel Springer reportedly in talks to acquire Axios German media giant Axel Springer are eyeing a takeover of business and finance publisher Axios, according to a report published by The Information last Friday (21 st May). The n...
May 21, 2021
Media company Axel Springer is looking to buy Axios, The Information reported Friday. Axel Springer is a German media company that owns Insider, a majority stake in Morning Brew, as well as multiple European media brands including the German edition of Rolling Stone and POLITICO.eu. Axios was launched in 2017 by Jim VandeHei and Mike Allen. ADVERTISEMENT Allen declined to discuss the deal with The Hill and instead referred questions to the company’s media spokesperson, who also declined to ...
May 14, 2021
© Getty Images Axios congressional reporter Kadia Goba is rejoining BuzzFeed News, where she’ll cover national politics with a focus on the GOP. “Kadia Goba will be returning to BuzzFeed News on June 1 as our new national political reporter focused on the future of the Republican Party,” politics editor Matt Berman wrote in a staff memo Thursday. Goba will cover the GOP during this “sort-of-but-not-really post-Trump moment,” Berman added, saying she will report on Republicans both on...
May 13, 2021
Boom time for digital media businesses Publishers are reevaluating their magazine strategies Cheat Sheet: The IAB’s podcast revenue report The Washington Post’s new editor, Twitter’s tip jar tip-off, Apple’s sudden ad exec ouster and more Boom time for digital media businesses After the media companies’ businesses bounced back in the fourth quarter of 2020, some industry executives wondered whether the rebound would carry on into 2021 or whether there would be a slump in the first qua...
May 12, 2021
A new report indicates BuzzFeed’s revenue would increase around 30% with a Complex acquisition Lindsey Ellefson | May 12, 2021 @ 5:40 AM Drew Angerer / Getty Images BuzzFeed is in talks to acquire the digital lifestyle publisher Complex Networks as part of a deal to take the company public, The Information reported on Tuesday, citing three people familiar with the deal. According to The Information BuzzFeed would merge with the special acquisition company 890 Fifth Avenue Partners to go publ...
May 11, 2021
© Getty Images BuzzFeed may buy digital lifestyle publisher Complex Networks in a deal that would also have it merge with special acquisition company 890 Fifth Avenue Partners and go public, the Information reported Tuesday. BuzzFeed will acquire Complex — which owns media brands “First We Feast,” “Sole Collector,” and “Pigeons and Planes” — after the merger with 890 Fifth Avenue Partners is completed. The transaction values BuzzFeed slightly less than its peak valuation of $...
May 6, 2021
extends beyond those working inside newsrooms to also affect business-side employees and even journalism school students. The media industry is on fire The NewFronts’ new role for publishers Person in the news: Los Angeles Times’ Kevin Merida Facebook Oversight Board’s ruling, the threats to women journalists, sports gambling media deals and more The media industry is on fire Burnout is steadily becoming the word of the year in media circles. While some media companies had attempted to pr...
April 20, 2021
“Since its inception in 1997, the Webby Awards has celebrated inspiring internet talent and visionary innovation,” Claire Graves, executive director of the Webby Awards, said of this year’s nominee class. “The 25th Annual Webby Nominees represent far more than innovation. Despite so much adversity this year, the creators behind our Nominated work have found new and exciting ways to use their platforms and creativity to help the world stay connected.” Other notable appearances among th...
March 2, 2021
Complex Networks is diversifying its Hot Ones portfolio with a localized version of the hit series in the Caribbean. Complex has pacted with local television network and media brand Tempo Networks to produce Hot Ones -- Caribbean, featuring an all-new (to-be-announced) host, as well as celebrity guests hailing from the region. Hot Ones -- Caribbean will mirror the format of the U.S. iteration, with guests being invited to eat increasingly spicier varieties of chicken wings as they answer probi...
January 28, 2021
Welcome to the Media Briefing, a new weekly feature for Digiday+ members that goes deep into the world of media companies, platforms and independent content creators. The Media Briefing will be edited by senior media editor Tim Peterson with weekly contributions from senior reporter Kayleigh Barber; media reporter Sara Guaglione; platforms, data and privacy reporter Kate Kaye; and senior editor, research and features Max Willens. New editions will hit Digiday.com and inboxes every Thursday. W...