The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
Category: Media
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Condé Nast’s Owners Set to Reap a $1.4 Billion Windfall From Reddit
The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.
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France Fines Google for Using Articles to Train A.I. Without Notifying Publishers
The French competition authority said the tech giant failed to negotiate fair licensing deals with media outlets and did not tell them it was using their articles to train its chatbot.
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Sports Illustrated’s Print Edition to Continue Under New Operator
Minute Media, owner of The Players’ Tribune, has struck a deal to operate Sports Illustrated for at least 10 years.
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What Must Nelson Peltz Do to Get Some Respect?
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
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Deadspin Sells to European Media Company, Leaving Staff Behind
The new owner, Lineup Publishing, will not be bringing on any of the sports website’s existing staff members.
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Tom Sandoval’s Interview Shows the Perils of Doing PR for Reality TV
Publicists who work with “unscripted” people say it presents several challenges.
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Disney and Reliance Industries Announce Media Mega Deal in India
Mukesh Ambani’s Reliance Industries will control what is left of Disney’s grasp at India’s burgeoning media market.
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BuzzFeed Sells Complex, a Pop Culture Start-Up, for $108.6 Million
The digital-media company, which has plunged in value, is selling the unit to Ntwrk at a significant discount from its 2021 purchase price.