M&A Deal Summary

WNET Acquires NJ Spotlight

On March 5, 2019, WNET acquired digital media company NJ Spotlight

Acquisition Highlights
  • This is WNET’s 1st transaction in the Digital Media sector.
  • This is WNET’s 1st transaction in the United States.
  • This is WNET’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2019-03-05
Target NJ Spotlight
Sector Digital Media
Buyer(s) WNET
Deal Type Add-on Acquisition

Target

NJ Spotlight

Montclair, New Jersey, United States
NJ Spotlight is an editorial website that delivers news and analysis about politics and public policy. NJ Spotlight delivers impartial, in-depth coverage of the State House, as well as the budget, education, energy, and environment along with other statewide topics. NJ Spotlight was founded in 2010 and is based in Montclair, New Jersey.

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Buyer(S) 1

Buyer

WNET

New York, New York, United States
Category Company
Founded 1947
Sector Media
DESCRIPTION

WNET is a flagship PBS station and parent company of THIRTEEN and WLIW21. WNET operates NJTV, the statewide public television network in New Jersey. WNET's broadcast channels, three cable services (THIRTEEN PBSKids, Create and World) and online streaming sites, WNET brings quality arts, education and public affairs programming to more than five million viewers each week. WNET was founded in 1947 and is based in New York City.

DEAL STATS #
Overall 1 of 2
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-31 WPPB-FM

Southampton, New York, United States

WPPB-FM is a local and national public radio station for Eastern Long Island and Southern Connecticut. WPPB-FM was established in 1980 and is based in Southampton, New York.

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