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Thrillist
Thrillist is an online media website covering food, drink, travel and entertainment. The company was founded in 2004 and is based in New York City, United States. In October 2016, Thrillist merged with internet brands '' The Dodo'', NowThis News, and Seeker to form the digital media holding company Group Nine Media, which has since been acquired by Vox Media in 2022. History Thrillist was founded in 2004 by Ben Lerer, son of media executive Kenneth Lerer; and Adam Rich, his friend from college. They graduated from the University of Pennsylvania in 2003 and moved to New York City. Rich initially served as president, and Ben Robinson served as the Chief Creative Officer. Lerer and Rich sent the first Thrillist e-mail newsletter in 2005 to 600 friends. In early 2017, following layoffs of more than 25 employees, the Thrillist editorial, video, and distribution staffs announced plans to unionize with the Writers Guild of America East. In response, Lerer refused to voluntarily rec ...
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Group Nine Media
Group Nine Media was an American digital media holding company based in New York City. The company comprises Thrillist, NowThis, The Dodo, and Seeker. The four brands and former brand Sourcefed, merged to form Group Nine Media in October 2016. In October 2019, Group Nine Media acquired PopSugar. In December 2020, Group Nine formed its own corporate SPAC to use the public funding for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. In December 2021, Vox Media announced its intention to acquire Group Nine. The transaction was completed in February 2022, and Group Nine was folded into Vox Media. Ownership At the time of the 2016 merger, Discovery Communications announced a $100 million minority investment in the collective organization, becoming the biggest shareholder before Axel Springer. Discovery also acquired the right to obtain a majority stake later if it so chooses. In 2017, ...
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, California. The network was established in 2015 within a former independent division of known as Discovery Digital Networks. Seeker produces online video and editorial content for the digital media landscape, with an emphasis on social platforms and .


History

Seeker was relaunched in May 2016 in an effort by
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Kenneth Lerer
Kenneth Lerer is an American businessman and a media executive. He was the chairman and co-founder of ''The Huffington Post'', an American news website acquired by Aol in 2011. Lerer is also a managing director of Lerer Hippeau Ventures, and chairman of Betaworks and BuzzFeed. Career Lerer is a past Executive Vice President of AOL Time Warner and was a founding partner of New York-based corporate communications firm Robinson, Lerer, and Montgomery. In January 2010, Lerer and his son began a seed stage venture capital fund, Lerer Hippeau Ventures. Lerer has taught at the Columbia University Graduate School of Journalism, the University of Pennsylvania, and New York University, where he lectured on the media and American corporations. He served as Chairman of the Public Theater in New York for 10 years, and is now its Chairman Emeritus. In June 2019, he announced he would step down as chairman of BuzzFeed after ten years at the company. Personal life Lerer is married to in ...
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NowThis News
NowThis News is a progressive social media-focused news organization founded in 2012. The company posts short (in most cases 15 seconds long) news videos and hyperpartisan content. History NowThis News was founded by ''Huffington Post'' co-founder and former chairman Kenneth Lerer and former ''Huffington Post'' CEO Eric Hippeau in September 2012. NowThis originally focused exclusively on social-media platforms such as Facebook, having announced in 2015 that it would not have a homepage. By 2018, it had changed this position. On December 8, 2015, NowThis News raised $16.2m in Series D funding. By this time, the company has said that 68% of its audience were millennials between the ages of 18–34. It was announced that this funding would be used to launch more focused channels. Between 2012 and 2014, the editor-in-chief was Edward O'Keefe, who previously was the executive producer at ABC News Digital. As of 2013, NowThis News produced about 50 segments per day and received ...
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Vox Media
Vox Media, Inc. is an American mass media company based in Washington, D.C., and New York City. The company was established in November 2011 by Jim Bankoff and Trei Brundrett to encompass ''SB Nation'' (a sports blog network founded in 2005 by Tyler Bleszinski, Markos Moulitsas, and Jerome Armstrong) and ''The Verge'' (a technology news website launched alongside Vox Media). Bankoff had been the CEO for ''SB Nation'' since 2009. Vox Media owns editorial brands, primarily ''The Verge'', '' Vox'', ''SB Nation'', ''Eater'', ''Polygon'', and '' New York''. ''New York'' further incorporates the websites ''Intelligencer'', ''The Cut'', ''Vulture'', ''The Strategist'', '' Curbed'', and ''Grub Street''. The former '' Recode'' was integrated into ''Vox'', while ''Racked'' was shut down. Vox Media's brands are built on Concert, a marketplace for advertising, and Chorus, its proprietary content management system. The company's lines of business include the publishing platform Chorus, ...
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TheStreet
''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus a stock recommendation portfolio co-managed by Bob Lang and Chris Versace. Former notable contributors include Jim Cramer, Bob Powell, Aaron Task, Herb Greenberg, and Brett Arends. History Early years: going public TheStreet, Inc., (formerly, TheStreet.com, Inc.) was co-founded in 1996 by Jim Cramer and Marty Peretz. It became a public company via an initial public offering in May 1999 under the direction of former CEO Kevin English and former CFO Paul Kothari. Dave Kansas became editor-in-chief in April 1997. Kansas also opened a San Francisco bureau and was a member of the board of directors. In 1999, at the peak of the dot-com bubble, the market capitalization of the company was $1.7 billion. In July 2001, David J. Morrow, a former reporter for ''The New York Times'', joined ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies h ...
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The Huffington Post
''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy living, women's interests, and local news featuring columnists. It was created to provide a progressive alternative to the conservative news websites such as the Drudge Report. The site offers content posted directly on the site as well as user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Andrew Breitbart, Arianna Huffington, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005 as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for ...
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Oak Investment Partners
Oak Investment Partners is a private equity firm focusing on venture capital investments in companies developing communications systems, information technology, new Internet media, healthcare services and retail. History The firm, founded in 1978, is based in Greenwich, Connecticut with offices in Norwalk, Connecticut, Minneapolis and Palo Alto, California. Since inception, Oak had invested in more than 480 companies and had raised more than $8.4 billion in investor commitments across 12 private equity funds. Ann Lamont is a founder and managing partner. In May 2006, Oak raised its 12th fund, at $2.56 billion, reportedly the largest venture capital fund ever raised. In 2015, Indian-born employee Iftikar Ahmed was sued by the U.S. Securities and Exchange Commission on suspicion of stealing US$65 million from the firm. Ahmed was believed to have fled to India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and ...
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Axel Springer
Axel Cäsar Springer (2 May 1912 – 22 September 1985) was a German publisher and founder of what is now Axel Springer SE, the largest media publishing firm in Europe. By the early 1960s his print titles dominated the West German daily press market. His ''Bild Zeitung'' became the nation's tabloid. In the late 1960s Springer entered into confrontation with the emergent New Left. Hostile coverage of student protests and a continuing rightward drift in editorial comment were met with boycotts and printing-press blockades and, in 1972, the bombing of the company offices by the Red Army Faction (the "Baader Meinhof Gang"). In the late 1970s exposés of journalistic malpractice by the investigative reporter Günter Wallraff led to Press Council reprimands. Sometimes referred to as Germany's Rupert Murdoch, Springer, with counter suits and minor divestments, was able to ride out public criticism of his editorial ethics and market dominance. Springer engaged in private diplomacy i ...
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Captive Audience Meeting
A captive audience meeting is a mandatory meeting during working hours, organized by an employer with the purpose of discouraging employees from organizing or joining a labor union. It is considered a union busting tactic. Critics allege that captive audience meetings are used to intimidate workers and spread misinformation; employees can be fired for failing to participate in the meeting or for asking questions. In the United States, the National Labor Relations Act of 1935 (NLRA) broadly permits captive audience meetings but does not allow them to be held in the final 24 hours prior to a union election. Employers defend the practice as protected free speech; critics view the practice as an infringement on workers' rights not to listen. Captive audience meetings are held in about 90% of labor elections; union win rates are inversely correlated with the number of captive audience meetings held. In February 2021, the Protecting the Right to Organize Act ("PRO Act") was proposed i ...
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SoftBank Capital
SoftBank Capital is a venture capital group in the United States, focusing on technology and telecom early stage businesses. It was founded by SoftBank. Since 2015 it does not actively make investments, but it continues to oversee its prior portfolio. History The investment branch of the Japanese telecom company, SoftBank Corp., the SoftBank Capital firm was established and initially led by four partners: Ron Fisher, Eric Hippeau, Steve Murray, and Michael Perlis. The company is a member of National Venture Capital Association. In November 2011, Mike Perlis stepped down as general partner at SoftBank Capital to become CEO of Forbes Media. In 2013, it created a $250 million growth fund for companies such as Alibaba and MediaTek. SoftBank Capital was closed by SoftBank in 2015. Although not making active investments, as of late 2017 it continued to oversee its prior portfolio. See also *List of venture capital firms Below is a list of notable venture capital firms. Assets un ...
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