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Discovery Targets Millennials With $100 Million Investment in Digital Media

Media / Media Industry News : Adweek

Discovery is perhaps a brand most known for its television network and productions such as Shark Week or MythBusters. It announced today a unifying partnership of digital media sites with Group Nine Media. Thrillist Media Group, Now...

Discovery Invests $100 Million In New Venture That Unites Philip DeFranco’s SourceFed Studios, NowThis, Thrillist

Web / Web Videos : Tubefilter

A brand holding company is bringing together several prominent players in the digital media space. Discovery has announced a $100 million investment in Group Nine Media, a newly-launched company that will merge three outlets funded ...

Thrillist CEO Ben Lerer explains why Discovery just invested $100 million and made him a new media mogul

Entertainment : Business Insider: The Wire

On Thursday, Discovery Communications poured $100 million into a new holding company called Group Nine Media, which ties together four media brands: Thrillist, NowThis, The Dodo, and Seeker (Discovery's digital network). The impetus...

4 media companies including Thrillist and NowThis have merged — and Discovery just poured $100 million into it

Technology / Technology Industry News : Silicon Alley Insider

Discovery Communications is making a $100 million investment in an entity called "Group Nine Media," a new holding company that ties together media brands Thrillist, NowThis, The Dodo, and Seeker (Discovery's digital network). Ben L...

Discovery Deepens Digital Presence With Investment In Group Nine Media

Industries / Entertainment Industry : Deadline Hollywood

Discovery Communications just raised its bet on digital media with an agreement to pay $100 million for a minority stake in a new holding company — Group Nine Media — that it says will be Facebook’s top video news publisher and amon...

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