Wednesday, December 17, 2014

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. 


No comments: