Public Notes by chase_ats Tagged #media_companies

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www.abrams-media.com
Holy moly. This does not have SSL. Not needed of course, but still. #subsidiary_sites #content_driven #home_pages #media_companies #mini_empires #lists #pub
Dislike for Buzzfeed is super high but they got another $50M in funding in August 2014, totaling almost $100M. And valuation is allegedly $850M. A tweet in article reminds us that Bezos bought the Washington Post for $250M. #funding #media_companies #smh #valuations #pub
"CEO Shane Smith's goal of "total media domination" took a major step forward on Thursday with the announcement that Vice had raised $500 million in funding evenly split from A&E Networks and technology investment firm Technology Crossover Ventures (TCV). ... A&E and TCV each took 10% stakes in Vice, valuing the Brooklyn-based company at $2.5 billion. ... The move paves the way for Vice to appear on television screens across the U.S. A&E, a joint venture between Disney and Hearst Ventures, operates 10 cable channels including some with broad distribution. A move into television beyond its HBO show is seen as a natural move for Vice. ... Vice has enjoyed a meteoric rise in value in the past year. The company had taken no known major investments until August 2013, when 21st Century Fox took a 5% stake that valued the company at $1.4 billion." #funding #media_companies #money #news #valuations #web_2.0 #pub
#boss #tech_companies #internet_companies #empires #web_empires #!TO_TAG_bit #media_companies #%wiki #pub
#boss #tech_companies #empires #!TO_TAG_bit #%wiki #media_companies #pub
Spotify went up 50% in sales to $3.1B in 2016. Doubled users. 50M paying. 90M free. 140M total. For end of 2016 I assume. However 90% of revenue is from paying customers. Advertising did also go up 50% but being just 10% is weak af. They must be losing a lot of money on free users because of the payouts they'd have to be doing. They need to curtail free user features more soon. #media_companies #music #music_industry #spotify #streaming #pub
Time Warner, which was a result of 1989 merger of Time and Warner, bought remaining 82% of Turner for $7.5B in stocks. So Turner was worth like $9B. Boss. #acquisitions #media_companies #billion_dollar_deals #year:1993 #pub