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 […]
Is the Financial Times headed for a sale?
Dylan Byers of Puck muses that the Financial Times might be headed for a sale. Byers writes, “Several Nikkei board members have grown impatient with the Financial Times’ economic performance and a pushing for consideration of a sale, according to three sources with knowledge of the matter. The Japanese holding firm bought the FT nearly a […]
Twin Cities Business buys Tech.MN
Twin Cities Business has acquired Tech.MN, a news site focused on Minnesota’s startup community, for an undisclosed amount. A story on its website states, “‘We are thrilled to welcome Tech.MN readers to TCB,’ said Twin Cities Business editor-in-chief Allison Kaplan. ‘Tech.MN has been a valued resource for Minnesota’s startup community since 2009, and as TCB has […]
Dow Jones acquires AI company for fuel prices
Dow Jones said Tuesday it has acquired the artificial intelligence-powered fuel pricing solutions provider A2i Systems, without disclosing financial details about the deal, reports Michal Susin of The Wall Street Journal. Susin reports, “The New York-based media company said the acquisition of the Denmark-based company will contribute to its growing suite of AI capabilities and will operate […]
Mississippi Business Journal has been sold
Coopwood Publishing Group, a Cleveland, Mississippi-based media and publishing company, has finalized a deal to buy the Mississippi Business Journal for an undisclosed amount, reports Ross Reily of the Clarion Ledger in Jackson. Reily writes, “‘As we embark on this new chapter as the proud and committed owner of the Mississippi Business Journal, my team and […]
Tech news site Gizmodo sold to European company
Tech news website Gizmodo has been sold to Keleops Media, a European digital media company, for an undisclosed amount, reports Justin Baragona of The Daily Beast. Baragona reports, “In a company-wide email obtained and reviewed by The Daily Beast, G/O Media CEO Jim Spanfeller wrote: ‘A short time ago we were approached by European based […]
Why The Markup joined CalMatters
Sarah Scire of Nieman Lab writes about CalMatters recent acquisition of tech news site The Markup. Scire writes, “One specific catalyst was seeing Markup stories resonate locally — especially in California, home to many of the tech companies that The Markup covers. (Syed hailed editor-in-chief Sisi Wei‘s ‘visionary leadership’ in finding partners for The Markup’s stories […]
CalMatters acquires tech news site The Markup
CalMatters, a nonprofit news outlet focused on California politics, policy, and community issues, has acquired The Markup, a nonprofit news site focused on technology and data privacy investigations, reports Sara Fischer of Axios. Fischer reports, “The Markup will bolster CalMatters’ coverage of tech and tech policy at a time when the sector is growing in national interest. […]
Colorado Springs Biz Journal has been sold
Local entrepreneurs have purchased the Independent and its sister publication, the Colorado Springs Business Journal, through their new joint venture, Pikes Peak Media Co., reports Andrea Chalfin of KRCC. Chalfin reports, “Local businessman Roth has spearheaded the development of the Sunset Amphitheater in northeastern Colorado Springs through his company Notes Live. O’Neil is founder and CEO of the investment […]
