The U.S. Justice Department is investigating Penske Media’s announced deal to acquire a majority stake in The Hollywood Reporter, reports Alexandra Steigrad and Josh Kosman of the New York Post. Steigard and Kosman report, “Sources said DOJ officials...
Quartz co-founder and CEO Zach Seward has reached an agreement to acquire Quartz from Uzabase, the company’s owner for the past two years. Seward, who remains CEO, is partnering with editor-in-chief Katherine Bell, now...
BridgeTower Media, which owns business newspapers such as the Idaho Business Review and Charleston Regional Business Journal, has been sold to a private equity firm for an undisclosed price. Transom Capital Group has more...
CNET editor in chief Connie Guglielmo interviewed Red Ventrues CEO Ric Elias about the company’s purchase of the technology site. Here is an excerpt: Q: Why CNET Media Group? What is it about what we do...
Business Insider parent Insider Inc. is nearing a deal to acquire a controlling stake in Morning Brew, reports Benjamin Mullin of The Wall Street Journal. Mullin reports, “The terms the companies are discussing would value Morning...
Online business news site Quartz has been put up for sale just over two years after it was acquired by a Japanese financial intelligence and media company, reports Lukas Alpert and Benjamin Mullin of The Wall Street Journal....
ViacomCBS Inc. is close to selling CNET Media Group to Red Ventures LLC, according to people familiar with the matter, for $500 million, reports Benjamin Mullin of The Wall Street Journal. Mullin writes, “Red Ventures,...
Reuters deals reporter Echo Wang gave a behind-the-scenes look at how the M&A team has been covering the story of TikTok’s sale of its U.S. operations. Here is an excerpt: Q: What were some...
Wall Street Journal reporter Katie Roof has been hired by Bloomberg News. She started on Monday on the deals team covering venture capital-backed technology deals. Roof will remain based in San Francisco. U.S. deals team leader...
Michael Bloomberg will sell Bloomberg LP, the financial-data and media company he co-founded nearly 40 years ago, if he is elected president, reports Wall Street Journal reporters Lukas I. Alpert and Tarini Parti. Alpert and Parti...
