Black Investment Management Firm Ariel Investments Buys Into Digital Media With Purchase Of My Code
Ariel Alternatives, the private equity division of Ariel Investments, has acquired an approximately 60% stake in My Code from current investors, which includes the private equity firm Falfurrias Capital Partners and other shareholders. This transaction values My Code at $400 million based on enterprise valuation. The existing sellers will maintain a minority ownership in My […]
The post Black Investment Management Firm Ariel Investments Buys Into Digital Media With Purchase Of My Code appeared first on Moguldom.
Red Ventures, The Biggest Digital Media Company You've Never Heard Of - The New York Times
Red Ventures has turned very specific advice into very big business. :
INDIAN LAND, S.C. — Lindsey Turrentine first heard of Red Ventures last fall, when it bought the venerable tech news site CNET, where she is the senior vice president in charge of content. She sat down at her kitchen table in Berkeley, Calif., and frantically started Googling to find out what it was. Her experience wasn’t uncommon.
Chinese Digital Media Outlet Jiemian Raises $71M In Series C Round – China Money Network
Chinese digital media outlet Jiemian announced the completion of a series C round with a total financing of more than RMB500 million (US$71.7 million), and its valuation has increased significantly compared with before. Investors in this round include strategic investors such as China Internet Investment Fund and Shanghai Xuhui State-owned Assets Investment (Group) Co., Ltd. […] Chinese Digital Media Outlet Jiemian Raises $71M In Series C Round comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
Neil Tolaney Rejoins Late-stage Investor Tcv To Focus On Consumer, Digital Media | Venture Capital Journal
TCV is set to capture the rise of subscription-driven businesses and back entrepreneurs who are engaging customers in the consumer internet space, said Tolaney, who was previously with Francisco Partners. Not yet registered? Join today to access Venture Capital Journal's industry insights and updates.
Suzy Secures $12M In Series C Funding Led By Bertelsmann Digital Media Investments
NEW YORK, February 4, 2020-- Suzy, a leading on-demand consumer insights platform, today announced the closing of $12 million in Series C funding. Bertelsmann Digital Media Investments (BDMI) led the round, with participation from Foundry Group and Triangle Peak Partners. Existing investors also include Tribeca Venture Partners and Kevin Durant’s 35 Ventures. “We are thrilled to be partnering with BDMI for this critical round of funding,” said Matt Britton, Chief Executive Officer of Suzy.
Digital Media Firm Collab Asia Raises $7.5M Series B From Korean Investors
The funding round was led by Gorilla Private Equity (Korea), an alternative asset investment firm. The post Digital media firm Collab Asia raises $7.5m Series B from Korean investors appeared first on DealStreetAsia.
Digital Media Startup Brut Raised $40M In Series B Funding
Plus, a new podcast app called Spkr launches, and a new startup called Aircam allows instant access to pictures taken by professional photographers at events.
Vice Buys Refinery29 As The Great Digital Media Consolidation Continues: Term Sheet
The combined entity is valued at approximately $4 billion. :
Vice Media Group acquired Refinery29, a New York-based lifestyle site that caters to millennial women. The deal values Refinery29 at about $400 million, while the value of the combined online publishers is pegged at approximately $4 billion. In total, Refinery29 had raised approximately $133.4 million in venture funding from investors including Turner Broadcasting, the Stripes Group, Scripps Networks, WPP Ventures, Floodgate, and Hearst Communications. Refinery29 publishes entertainment content aimed at women, which is an audience that Vice lacks.
Fdi In Digital Media: 26% Foreign Direct Investment To Limit Fund Flows, Hurt Business Models
Digital news platforms so far had no limitations on foreign direct
investment and have therefore been attracting lot of interest from
global private equity companies.
Why VCs Are Investing In Game Companies Again
Institutional venture capital funds are investing in games again, just like seed investors who deal with smaller game startup investments.