Colorado Springs Biz Journal is sold
The Colorado Springs Independent and the Colorado Springs Business Journal have been sold for an undisclosed price. The publications have been acquired by Colorado Media Group, owned by Dirk R. Hobbs. The company also owns North magazine and the Southern Colorado Business Forum & Digest. The former owners acquired the publications in February 2024. Local […]
VentureBeat spins off GamesBeat to focus on AI
VentureBeat announced Tuesday the spinout of GamesBeat as a standalone company, a move that sharpens its focus on the enterprise shift to artificial intelligence, data infrastructure, and intelligent security. As the gaming industry accelerates, the spinout enables GamesBeat to thrive independently while allowing both brands to scale with greater clarity and purpose. The deal price […]
Former Quartz owner says its future is “extremely bright”
G/O Media CEO Jim Spanfeller pushed back against comments that the financial news site Quartz, which it sold last week, is now a shell of its former self, reports Charlotte Tobitt of Press Gazette, although its new owner has laid off most of its staff. Tobitt reports, “Spanfeller said Quartz quickly became profitable under G/O Media ownership […]
Why Yahoo decided to sell TechCrunch
Connie Loizos, the editor in chief of TechCrunch, writes about why Yahoo sold the tech news site. Loizos writes, “Yahoo decided to sell TechCrunch because, in the end, our DNA is simply different from the rest of its portfolio. While Yahoo Sports, Yahoo News, and Yahoo Finance excel at aggregation, TechCrunch has always been about […]
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 […]
WSJ parent agrees to buy two intelligence companies
Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and MarketWatch.com has agreed to acquire two intelligence firms for $40 million to expand its risk and compliance business. It is buying Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a provider of geopolitical intelligence advisory services from FiscalNote Holdings Inc. The […]
Crain acquires parent of Oil and Gas Investor
Detroit-based Crain Communications announced Monday that it has acquired Hart Energy, a news and media company focused on the energy sector and headquartered in Houston, for an undisclosed amount. A story by Nick Manes of Crain’s Detroit states, “Hart Energy’s brands include Oil and Gas Investor, E&P and the DUG conferences, among others. Financial terms […]
Dow Jones acquires WorldECR news service
Dow Jones & Co. said Monday it acquired WorldECR, a provider of news on global export control and trade sanctions, for an undisclosed amount. WorldECR was founded in 2011 and its flagship operations include subscription-based specialist trade publications WorldECR and Export Compliance Manager Based in London, WorldECR subscribers include corporations, law firms, governments, professional services, research and […]
Ziff Davis is acquiring CNET for $100 million
Ziff Davis inked a deal to acquire CNET for about $100 million, marking the third corporate parent for the pioneering tech news and reviews site in four years, reports Todd Spangler of Variety. Spangler writes, “In 2008, CBS had acquired CNET Networks for $1.8 billion. In 2020, as Paramount Global (then known as ViacomCBS) was seeking to offload non-core assets, […]
BridgeTower Media buys Virginia Business
BridgeTower Media, which owns business publications across the country, has acquired Virginia Business magazine for an undisclosed amount. “We’re just real excited about the acquisition,” said BridgeTower CEO Hal Cohen. “It adds to the growing portfolio of the brands at BridgeTower.” In September 2009, Virginia Business publisher Bernie Niemeier led a private equity-funded purchase of […]
