Английская Википедия:Group Nine Media
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Group Nine Media was an American digital media holding company based in New York City. The company comprises Thrillist, NowThis, The Dodo, and Seeker.[1][2] The four brands, and former brand SourceFed, merged to form Group Nine Media in October 2016. In October 2019, Group Nine Media acquired PopSugar.[3] In December 2020, Group Nine formed its own corporate SPAC to use the public funding for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.[4] In December 2021, Vox Media announced its intention to acquire Group Nine. The transaction was completed in February 2022, and Group Nine was folded into Vox Media.[5]
Ownership
At the time of the 2016 merger, Discovery Communications announced a $100 million minority investment in the collective organization, becoming the biggest shareholder before Axel Springer. Discovery also acquired the right to obtain a majority stake later if it so chooses.[6] In 2017, Discovery led a $40 million funding round in the digital media company.[7] Group Nine Media raised $50 million in new funding in 2019, led by its lead investor Discovery along with participation from German publishing firm Axel Springer.[8]
Ben Lerer, founder of Thrillist and managing director of Lerer Hippeau Ventures, serves as CEO of Group Nine Media.[9]
On 13 December 2021, it was announced that Vox Media would acquire Group Nine Media.[10] The acquisition was completed on 22 February 2022.[11]
References
External links
- Английская Википедия
- Vox Media
- Holding companies based in New York City
- Mass media companies based in New York City
- 2016 establishments in New York City
- Mass media companies established in 2016
- American companies established in 2016
- 2022 mergers and acquisitions
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