Industry Announcements
Latest
IAC’s Dotdash has closed its deal with Meredith, making the combined Dotdash Meredith the largest U.S. print and digital publisher.
Lee Enterprises rejects hedge fund Alden Global Capital’s attempt to nominate directors to the board.
Amazon boasts record-breaking sales from Black Friday thru Cyber Monday, but does not share revenue numbers.
The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Match Group swipes right, agreeing to pay Tinder $441M in cash to settle a valuation lawsuit.
The Seattle Times has launched a Save the Free Press site to raise awareness of the need to support local journalism and save it from
Jack Dorsey announced he is resigning as CEO of Twitter effectively immediately. He’ll remain on the board until May.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Literati wants creators to launch book clubs, Recurly on pace to hit $10B in payments volume, Nokia to launch cloud-based SaaS.
Netflix launches top 10 shows list, Hulu launches online store, retail subscriptions are not going away.
