10 Acquisitions of Companies in the News Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the News industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 10 acquisitions that took place in the News industry.

Audioteka acquired by Grupa Wirtualna Polska

Details about the transaction:

Acquisition amount:

$19,239,396

Announcement:

29 September 2022

Details about the company:

For smartphones and tablets, Audioteka is a multilingual audiobook application with a special platform for audiobooks in cars.

Headquarter:

Warsaw, Mazowieckie, Poland

Where to find them:

Industry:

Audiobooks, Mobile, News

Details about the buyer:

One of the biggest Polish websites is Wirtualna Polska.

Headquarter:

Pomorskie, Zachodniopomorskie, Poland

Where to find them:

Casacanda acquired by Fab

Details about the transaction:

Acquisition amount:

$11,000,000

Announcement:

20 February 2012

Details about the company:

An online purchasing club called Casacanda offers daily decorating ideas.

Headquarter:

Berlin, Berlin, Germany

Where to find them:

Industry:

E-Commerce, Fashion, News

Details about the buyer:

Online retailers Fab provide standard design items.

Headquarter:

New York, New York, United States

Where to find them:

Individual acquired by The MEDIACUBED Group

Details about the transaction:

Acquisition amount:

$1,200,000

Announcement:

10 October 2020

Details about the company:

Publisher of news services with specific customization for big businesses.

Headquarter:

Washington, District of Columbia, United States

Where to find them:

Industry:

News, Personalization, Publishing

Details about the buyer:

a collection of creative firms inside.

Headquarter:

Dubai, Dubai, United Arab Emirates

Where to find them:

Daily Hive acquired by ZoomerMedia

Details about the transaction:

Acquisition amount:

$16,399,999

Announcement:

12 September 2022

Details about the company:

Daily Hive, a 2008-founded online news outlet, produces intriguing, hyperlocal content in seven North American locations.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

Industry:

News, Publishing

Details about the buyer:

A print and internet media firm called ZoomerMedia targets persons 45 and older with its content.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Directed Sheet acquired by Qconcursos

Details about the transaction:

Acquisition amount:

$1,081,242

Announcement:

17 March 2022

Details about the company:

A public tenders website called Directed Sheet provides training, jobs, civil servants, public exams, and career information.

Headquarter:

Rio De Janeiro, Rio de Janeiro, Brazil

Where to find them:

Industry:

News

Details about the buyer:

A quiz website called Qconcursos has more than 5 million users, 750 thousand questions, 50 thousand exams, and 20.000 courses.

Headquarter:

Rio De Janeiro, Rio de Janeiro, Brazil

Where to find them:

Akron Beacon Journal/Ohio.com acquired by GateHouse Media Inc.

Details about the transaction:

Acquisition amount:

$16,000,000

Announcement:

11 April 2018

Details about the company:

Akron Beacon Journal is a publisher of newspapers that covers entertainment, lifestyle, and local news.

Headquarter:

Akron, Ohio, United States

Where to find them:

Industry:

Media and Entertainment, News, Publishing

Details about the buyer:

The primary source of local information and advertising in small and midsize areas is what GateHouse Media aspires to be.

Headquarter:

Pittsford, New York, United States

Where to find them:

The Brunswick News acquired by Postmedia Network

Details about the transaction:

Acquisition amount:

$16,000,000

Announcement:

17 February 2022

Details about the company:

A daily community newspaper managed by a family, The Brunswick News features local and international news, sports, entertainment, and classifieds.

Headquarter:

Brunswick, Georgia, United States

Where to find them:

Industry:

News

Details about the buyer:

The largest publisher by revenue is Postmedia Network Inc., a fully owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B).

Headquarter:

Toronto, Ontario, Canada

Where to find them:

ATTN: acquired by Candle Media

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

17 May 2022

Details about the company:

A multimedia network called ATTN aims to educate viewers on how they can change the world.

Headquarter:

Los Angeles, California, United States

Where to find them:

Industry:

Digital Media, News, Social Media, Video

Details about the buyer:

Film, television, music, animation, and other types of video entertainment are produced and distributed by Candle Media.

Headquarter:

Los Angeles, California, United States

Where to find them:

Shahiya acquired by Cookpad Japan

Details about the transaction:

Acquisition amount:

$13,500,000

Announcement:

20 November 2014

Details about the company:

Shahiya is a list-based website that offers cooking instructions and the essential ingredients.

Headquarter:

Beirut, Beyrouth, Lebanon

Where to find them:

Industry:

Advertising, Cooking, E-Commerce, Food and Beverage, Internet, News

Details about the buyer:

A digital business called Cookpad is developing a community platform where individuals can exchange culinary advice and recipe ideas.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

Kooora acquired by Footballco

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

12 April 2022

Details about the company:

An online sports publisher located in Dubai is called Kooora.

Headquarter:

Dubai, Dubai, United Arab Emirates

Where to find them:

Industry:

Gaming, News, Publishing, Sports

Details about the buyer:

Footballco is a publishing and media firm for football.

Headquarter:

London, England, United Kingdom

Where to find them: