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.
Jake Gyllenhaal is set to star in the Netflix adaptation of The Helicopter Heist by Jonas Bonnier, exploring a 2009 robbery in Sweden when four men broke through the roof of a cash depot and flew off with millions. Story is based on extensive interviews with the robbers, who had previously refused to speak publicly. […]
Jennifer Garner and J.J. Abrams, who previously joined forces on Alias, are reuniting for My Glory Was I Had Such Friends. Apple gave a straight-to-series order to the one-hour limited drama starring and executive-produced by Garner and executive-produced by Abrams via his Bad Robot Productions banner. Project is based on the 2017 memoir of the […]
Turner Sports made its MMA move official, unveiling a three-year deal that will bring coverage of ONE Championship to the US. Deal points will see B/R Live – Turner’s live sports streaming service – serve as the primary destination for ONE Championship live events each year, beginning with the One Championship event on Jan. 19, […]
ESPN is adding two late-night shows to its programming line-up that will both debut on Jan. 28 – Now or Never (ESPN2)/Ahora o Nunca (ESPN Deportes). According to the announcement, both shows will be dedicated to covering the intersection of sports and pop culture for young, multicultural sports fans. Airing Monday-Friday, the two 30-minute shows […]
Megan Mullally (Will & Grace) will host the 25th annual Screen Actors Guild Awards January 27 in LA and simulcast live on TNT and TBS. Nominations were announced yesterday, with Netflix grabbing the most noms for the third consecutive year with 15 – almost twice as many as its nearest competitor. Amazon’s Prime Video scored […]