DIRS.INFO The most relevant business & tech news

☆ NowThis made deep cuts to its staff for the second time this year
▼ + stars: | 2024-11-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +2 min

AdvertisementNowThis laid off about half its unionized newsroom, marking the second deep round of cuts this year. The layoffs affected 13 of 21 of NowThis' WGA East members. NowThis recently laid off about half its unionized newsroom, the second round of deep cuts this year at the digital news company. Thirteen of NowThis' 21 members of WGA East, which represents the newsroom, were impacted, according to a union representative. NowThis used to be part of Vox Media, which got the company in its 2021 acquisition of Group Nine Media.

Persons: NowThis, Michael Vito Valentino, Vox, George Soros Organizations: WGA, Fallen Media, MTV, Vox Media, Group Nine Media, NowThis, Open Society, Democratic, Noticias Para Inmigrantes Locations: NowThis

☆ Progressive news outlet NowThis made deep cuts to its staff for the second time this year
▼ + stars: | 2024-11-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

AdvertisementNowThis laid off about half its unionized newsroom, marking the second deep round of cuts this year. A softness in digital advertising has led to widespread media layoffs in recent years. NowThis recently laid off about half its unionized newsroom, the second round of deep cuts this year at the progressive digital news outlet. The layoffs impacted 13 of NowThis' 21 members of WGA East, which represents the newsroom, a union representative told Business Insider. It joined Vox Media through Vox's 2021 acquisition of Group Nine Media.

Persons: NowThis, Michael Vito Valentino, Vox, George Soros Organizations: WGA, Business, Fallen Media, MTV, Vox Media, Group Nine Media, Open Society, Democratic, Noticias Para Inmigrantes Locations: NowThis

☆ Scoop: The founders of PopSugar raise $33 million for their second VC fund, and launch a bespoke investment bank to advise startups on M&A
▼ + stars: | 2023-06-13 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

Brian and Lisa Sugar, the married founders of PopSugar, have raised a second venture capital fund. The $33 million fund will invest in consumer brands and software powering the future of retail. The eponymous firm, Sugar Capital, began to raise the sophomore fund a year ago and closed in May, Brian Sugar told Insider. For her part, Lisa stepped back from managing PopSugar in 2021 and joined Sugar Capital as a partner in 2022. Sugar Capital set out to raise $75 million for its second fund and reduced the target size last summer, Sugar said.

Persons: Brian, Lisa Sugar, Brian Sugar, MrBeast's Feastables, Will Hawthorne, Krista Moatz, PopSugar, Hawthorne, Sugar, Sam Altman, Jason Calacanis, Everlane, Ben Lerer's, Lisa, Brian Ach Organizations: PopSugar, Sugar Capital, Avid Capital Advisors, Avid, Sugar, JPMorgan, Advisors, Sequoia Capital, Nine Media, Bain Capital, Pritzker Group Venture, Consumer Locations: Olive

☆ Vox Media is in talks to raise $200 million as it considers asset sales and acquisitions
▼ + stars: | 2023-01-24 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +2 min

Private equity giant CVC Capital is discussing a $200 million investment into Vox Media. Vox Media, which owns New York magazine, Recode, The Verge and more, recently laid off more than 100 staffers. Both CVC Capital and Group Black had talks aimed at acquiring the digital media company, according to reports. Vox Media, the digital media venture that houses assets including New York magazine, The Verge, Eater, and SB Nation, is looking to raise around $200 million, according to two people familiar with talks. The sources said they believe Vox Media CEO Jim Bankoff wants to use the money to acquire new assets while also potentially putting some Vox Media properties on the block.

☆ Warner Bros. Discovery could bring Bleacher Report to TV as CEO David Zaslav looks to max out the merged company's powerful sports portfolio
▼ + stars: | 2022-10-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Discovery is eyeing options to expand sports and culture site Bleacher Report. Bleacher Report could help build the massive sports business that WBD sees as core to its future. Ideas under consideration include using Bleacher Report content to bolster cable network TNT, which airs NBA, MLB baseball, NHL, NCAA basketball, and more. Under WBD, Bleacher Report no longer has dedicated sales or marketing teams and is sold as part of a broader digital portfolio. A Bleacher Report rep declined to comment.

☆ Discovery и MEGOGO объявляют о стратегическом партнерстве в Молдове и на 12 других рынках Восточной Европы и Азии
▼ + stars: | 2020-11-10 | by ( Сайт | Комсомольской Правды | ) kp.md time to read: +6 min

Discovery и MEGOGO объявляют о стратегическом партнерстве в Молдове и на 12 других рынках Восточной Европы и Азии• Подписчики MEGOGO получат доступ к новому развлекательному стриминговому онлайн-сервису Discovery+. • Discovery и MEGOGO заключили соглашение о стратегическом партнерстве по запуску Discovery+ на базе медиасервиса MEGOGO в 13 странах Восточной Европы и Азии. • С декабря 2020 году на пользователей MEGOGO ждет множество приключений, свадебных программ, спортивных соревнований и вкусных шоу. Теперь зрители смогут насладиться увлекательными шоу от брендов Discovery Channel, TLC, Animal Planet, ID, Discovery Science, Food Network, Travel Channel и Eurosport. Также в указанных странах зрители впервые увидят премиальный документальный контент Discovery в формате 4K.

Persons: MotorTrend, Oprah Winfrey, MEGOGO, Walt Disney, MEGOGO –, Подписчики, Джо Экзотик, Джеффри Эпштейн, Екатерина Михайлович, Джейми Кук, Иван Шестаков, Медиасервис, Анастасия Билинскаяменеджер, Анка Амарией Organizations: Discovery, Science, Food Network, Travel Channel Eurosport, Eurosport, Russia, Inc, Nine Media, Discovery Discovery, HGTV, TLC, Travel, Planet Science, Oprah Winfrey Network, FOX, BBC, Sony, Universal, Warner Brothers, Paramount Pictures, Smart TV, MEGOGO Smart, Apple, Android, СРЕДИЗЕМНОМОРЬЕ, ЦЕНТРАЛЬНАЯ АЗИЯменеджер Locations: Молдова, Восточная Европа, Азия, Украина, Беларусь, Литва, Эстония, Грузия, Армения, Азербайджан, Узбекистан, Туркменистан, Таджикистан, Киргизия, Казахстан, Франция, Австралия, США, Латинская Америка, Европа

Search resuls for: "Group Nine Media"

6 mentions found