While newspapers struggle, these media firms are awash in money
American media companies with bulging capitalization purses:
Vice (the company, not the bad habits) is at $2.5 billion, including $500,000 from the Knight Foundation.
Israeli-originated Outbrain, a content recommendation/native advertising company, plans a $1 billion capitalization next year.
Vox's total is $385 million.
Buzzfeed’s total is $850 million.
Market capitalizations among the traditional media companies, by comparison:
McClatchy — $337 million (considerably less than Vox).
Tribune Publishing — $584 million (more than Vox, less than
Buzzfeed).
New York Times Co. — $1.93 billion (roughly twice Outbrain but not
as big as Vice).
Time Inc. — $2.55 billion (still a little more than Vice).
Continuing the staff slash-and-burn of traditional media companies, the New York Times did a buyout deal last week with 60-plus news staffers
and will add some layoffs to reach a staff reduction goal of 100.
To read the article, click on http://www.poynter.org/news/mediawire/304659/capital-is-flowing-like-water-to-media-companies-of-a-certain-kind/
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