San Antonio Magazine acquired by Hearst
The following was sent out from expressnews.com: San Antonio Magazine has been acquired by the parent company of the San Antonio Express-News, which is now operating the 18-year-old publication. Mark Medici, publisher of the Express-News, announced the acquisition Thursday. No terms were disclosed regarding Hearst Newspapers’ deal with Open Sky Media, which founded the magazine in […]
Paste Magazine acquires shuttered feminist site Jezebel
Last month, G/O Media CEO Jim Spanfeller broke the news to staff in a memo that Jezebel will cease operations after 16 years in business and the entire team of 23 will be laid off (news covered by TBN here.) At that time, Spanfeller said financial constraints and the inability to find a buyer for […]
Hearst in plans to buy Record-Journal Media Group
The following excerpt was sent out from ctinsider.com: Hearst Connecticut Media Group is negotiating a deal to acquire the RJ Media Group in Meriden, Conn. The deal, which could be reached before the end of this year, would add the Record-Journal and its group of publications to HCMG’s network of local news websites, newspapers and […]
Abu Dhabi-backed fund to acquire The Telegraph
The following excerpt was sent out from The Telegraph: An investment fund backed by Abu Dhabi has confirmed plans to take ownership of The Telegraph “at an early opportunity” as MPs on the culture select committee urgently discuss the implications for press freedom. RedBird IMI, led by the former CNN chief Jeff Zucker and mostly funded by […]
Model-turned-investor Kloss to acquire fashion and culture pub i-D magazine
The following was sent out from Business of Fashion: Karlie Kloss, the model turned investor and entrepreneur, is acquiring the British fashion and culture publication i-D Magazine. Once the deal is closed, Kloss will take on the chief executive role at the brand, with current editor-in-chief Alastair McKimm will expand his purview under the new […]
