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M&A Deal Summary

Scripps Acquires Midroll Media

On July 22, 2015, Scripps acquired digital media company Midroll Media

Acquisition Highlights
  • This is Scripps’ 1st transaction in the Digital Media sector.
  • This is Scripps’ 11th transaction in the United States.
  • This is Scripps’ 2nd transaction in California.

M&A Deal Summary
Date 2015-07-22
Target Midroll Media
Sector Digital Media
Buyer(s) Scripps
Deal Type Add-on Acquisition

Target

Midroll Media

Los Angeles, California, United States
Midroll Media LLC creates original podcasts and operates a network that generates revenue for more than 200 shows, including “StartUp” and “Nerdist.” Midroll Media is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Scripps

Cincinnati, Ohio, United States
Category Company
Founded 1878
Sector Media
Employees5,000
Revenue 2.5B USD (2024)
DESCRIPTION

Scripps is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet. Scripps was founded in 1878 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 12 of 18
Sector: Digital Media M&A 1 of 2
Type: Add-on Acquisition M&A Deals 7 of 8
State: California M&A 2 of 5
Country: United States M&A 11 of 17
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-16 Wmyd Inc & WKBW-TV License

United States

Wmyd Inc & WKBW-TV owns and operates a television broadcasting station. Wmyd Inc. is based in Southfield, Michigan and WKBW-TV License, Inc. is based in Buffalo, New York.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-08 Journal Media Group

Milwaukee, Wisconsin, United States

Journal Media Group, Inc. is a media company with print and digital publishing operations serving 14 U.S. markets in nine states, including the Milwaukee Journal Sentinel, the Naples Daily News.

Sell $280M
Mergr

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