Yahoo sells TechCrunch for undisclosed amount

Yahoo sold the tech-news site TechCrunch to investment company Regent for an undisclosed amount, reports Todd Spangler of Variety.

Spangler reports, “The announcement of deal comes a day after news that Regent acquired Foundry, home of PCWorld, Macworld, InfoWorld, CIO, TechAdvisor and other tech publications, from International Data Group (IDG).

“Financial terms of the deals for TechCrunch and Foundry were not disclosed. Yahoo is holding on to a small stake in TechCrunch, according to Connie Loizos, TechCrunch’s editor in chief and general manager. The deal for TechCrunch is expected to close ‘in the coming weeks,’ Yahoo and Regent said. Yahoo retains ownership of Engadget, another tech-oriented news site.

“TechCrunch publishes news, podcasts, newsletters and videos about the tech world and hosts several in-person and virtual events throughout the year, including its flagship Disrupt conference and TC Early Stage.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.