Tuesday, January 19, 2016

"The [Onion] just agreed to sell a chunk of itself (as well as sister properties including ClickHole and The A.V. Club) to Spanish broadcaster Univision Communications"

Bloomberg:

The reported price tag of about $200 million for a 40 percent stake in the Onion's parent company values the whole enterprise in the range of $500 million.

...

To put that in perspective, it's twice what Jeff Bezos paid for the Washington Post in 2013.