Post Tagged with: "Publishing"

Alibaba to Buy South China Morning Post Newspaper
/ December 11, 2015 2:30 pm
Alibaba to Buy South China Morning Post Newspaper

Variety reports "China’s Alibaba confirmed Friday evening that it is to buy the South China Morning Post, the leading English-language newspaper in Hong Kong. The deal has been rumored for weeks, and the SCMP group confirmed last month that it was in preliminary talks.". Read More

Alibaba Rumored to be Seeking Media Acquisitions, Disposals
/ November 24, 2015 3:39 pm
Alibaba Rumored to be Seeking Media Acquisitions, Disposals

Variety reports "A succession of media reports have emerged this week suggesting that Alibaba is negotiating to buy a controlling stake in the SCMP, an English-language newspaper publisher based in Hong Kong. The seller is the Kuok family, a wealthy Malaysian Chinese family that also controls the Kerry Group, with substantial property and logistics interests.". Read More

Lessons for publishers from BuzzFeed’s Jonah Peretti
/ November 16, 2015 12:15 pm
Lessons for publishers from BuzzFeed’s Jonah Peretti

Digiday reports "Much of this success has come from seeing which platforms are the most open. BuzzFeed seized on Facebook video six months ago. Today it gets an average of 2.8 million views per video, according to analytics firm Tubular Labs. BuzzFeed frequently ranks No. 1 in Tubular Labs’ most-watched Facebook creators list.". Read More

Conde Nast Acquires Pitchfork Media
/ October 13, 2015 11:37 am
Conde Nast Acquires Pitchfork Media

The Hollywood Reporter reports "The publishing company behind magazines including Vogue and The New Yorker has purchased the digital media company for an undisclosed amount, Conde Nast announced Tuesday morning. Pitchfork was founded in 1996 and has become a home to independent music news and criticism over the last 20 years, growing to more than 6 million unique visitors. In 2013, Pitchfork added a quarterly print publication, The Pitchfork Review, to its portfolio. It also hosts music festivals in Chicago and Paris each year.". Read More

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High Times Magazine Names David Kohl as Chief Executive
/ September 29, 2015 8:42 am
High Times Magazine Names David Kohl as Chief Executive

The Wall St. Journal reports "High Times announced on Tuesday that it is appointing David Kohl, a digital media veteran who helped launch the digital music video service Vevo, as its new chief executive.". Read More

Axel Springer to Acquire Controlling Stake in Business Insider
/ September 29, 2015 8:28 am
Axel Springer to Acquire Controlling Stake in Business Insider

The New York Times reports "Axel Springer of Germany said Tuesday that it would buy a controlling stake in Business Insider, the New York-based Internet media group, for $343 million, in the latest move by the company, one of Europe’s largest newspaper publishers, to extend its reach into digital and English-language media to offset sharply declining revenue from its traditional print titles.". Read More

Global Video Service Viki Buys Soompi, A Fan Site For Korean Dramas, In Sub-$10M Deal
/ August 20, 2015 10:28 am
Global Video Service Viki Buys Soompi, A Fan Site For Korean Dramas, In Sub-$10M Deal

TechCrunch reports "Viki, the global video site owned by Japan’s Rakuten, has made an acquisition of its own after it snapped up Soompi, an English-language news and fan site dedicated to Korean cinema and dramas, for “less than $10 million”. Interestingly, Viki bought Soompi from rival Crunchyroll, the anime video distribution company owned by the Chernin Group, which had acquired it last year.". Read More

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