M&A Deal Summary |
|
|---|---|
| Date | 2020-11-10 |
| Target | Megaphone |
| Sector | Digital Media |
| Buyer(s) | Spotify |
| Sellers(s) | Graham Holdings |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Digital Media |
| Employees | 7,372 |
| Revenue | 13.2B EUR (2023) |
Spotify is an internet audio streaming subscription service provider. Spotify was incorporated in 2006 and is headquartered in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 27 |
| Sector (Digital Media) | 5 of 8 |
| Type (Divestiture) | 1 of 1 |
| State (District of Columbia) | 1 of 1 |
| Country (United States) | 13 of 18 |
| Year (2020) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-05 |
The Ringer
Los Angeles, California, United States THE RINGER, launched by Bill Simmons in 2016, is a website, podcast network and scripted and non-scripted video production house creating a blend of sports, pop culture, politics, and tech content. The Ringer Podcast Network includes over 30 podcasts, featuring shows such as “The Bill Simmons Podcast,” “The Rewatchables” and “The Ryen Russilio Podcast,” among many others. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-30 |
Betty Labs
Los Angeles, California, United States Betty Labs is the creator of Locker Room, a live audio app that’s changing the way insiders and fans talk about sports. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1877 |
| Sector | Diversified |
| Employees | 14,110 |
| Revenue | 4.4B USD (2023) |
Graham Holdings is a diversified education and media company whose principal operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and custom manufacturing. The Company owns Kaplan, a leading global provider of educational services; Graham Media Group (WDIV–Detroit, KPRC–Houston, WKMG–Orlando, KSAT–San Antonio, WJXT–Jacksonville); The Slate Group (Slate and Panoply); and Foreign Policy. The Company also owns Trove, a social news aggregator; SocialCode, a leading social marketing solutions company; Celtic Healthcare and Residential Healthcare Group, home health and hospice providers; Joyce/Dayton Corp., a manufacturer of screw jacks, linear actuators and lifting systems; and Forney Corporation, a manufacturer of burners, igniters, dampers and controls for combustion processes in electric utility and industrial applications. Graham Holdings was founded in 1877 and is based in Arlington, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Digital Media) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (District of Columbia) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-15 |
Framebridge
Washington, District of Columbia, United States Framebridge is a custom framing service company. Framebridge allows customers to upload photography or mail-in art to be framed. Framebridge was founded in 2014 and is based in Washington, District of Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-05 |
Leaf Group
Santa Monica, California, United States Leaf Group is a diversified Internet company with online media properties (eHow, LIVESTRONG.com and Cracked) and marketplace platforms (Society6 and Saatchi Art) that enable communities of creators to reach passionate audiences in large and growing lifestyle categories. Leaf Group was founded in 2006 and is based in Santa Monica, California. |
Buy | $323M |
