Mashable was just sold – and it didn’t exactly fetch a hefty price tag. The digital media company was purchased by Ziff Davis, a publisher of gaming, healthcare, and tech content. The news was first reported by the Wall Street Journal. According to the paper, Ziff Davis only paid about $50 million for the company. That figure undoubtedly comes as a major disappointment to Mashable’s investors. The company was valued at $250 million as recently as last year, following a $15 million funding round led by Turner. Mashable’s efforts to sell itself have been known for a while now; back in September, the Journal reported that the company was talks with German mass media company ProSiebenSat.1. It’s not quite clear yet how Ziff Davis came to be the buyer. The companies haven’t commented publicly.
Fox and National Geographic announced the return of Cosmos, with Neil deGrasse Tyson back as host. Cosmos: Possible Worlds, once again from executive producer, writer, director and creator Ann Druyan with exec producers Seth MacFarlane, Brannon Braga and Jason Clark, is set to premiere globally in spring 2019.
IFC picked up horror-comedy series Stan Against Evil for a third season, slated to begin in fall 2018. The net’s Brockmire is back for season 2 on Wednesday, April 25 at 10p.
Union workers handling video and audio production for Golf Channel events walked out Sunday following stalled contract negotiations and caused disrupted and limited coverage of three events including the final round at the Sony Open. Golf Channel had been negotiating an agreement for nine months with International Alliance of Theatrical Stage Employees, per the AP. […]
A wild Vikings win over the Saints handed FOX Sports with an estimated audience of 35.645 million viewers along with a 19.3/35, according to estimates released by Fox Sports on Monday, via USA Today. That marks a new high for the season, but was off-pace by 27% from last year’s numbers, when a Packers/Cowboys matchup […]
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