Thursday, November 16, 2017

Mashable sold for "approximately one-fifth of the company’s $250 million valuation based on its last investment round in March 2016"

"It is a troubling sign for the broader outlook for digital publishers, particularly those that have embraced the 'pivot to video' strategy"

Also in the news today, "Univision is asking investors to spend up to $200 million to buy a minority stake in Fusion Media Group, Univision’s millennial-focused operating group that includes the old Gawker sites, the Onion, a production studio and Fusion TV, a small TV network."