Forbes jumps into hot media liquidity summer with a SPAC combo
https://techcrunch.com/2021/08/27/forbes-jumps-into-hot-media-liquidity-summer-with-a-spac-combo/
What a busy week in the world of media liquidity.
That’s a sentence you don’t get to write often. Regardless, news broke this week that Axel Springer is buying U.S. political journalism outfit POLITICO. The transaction was expected, but the eye-popping roughly $1 billion price tag still has tongues wagging. We even got on the podcast to chat about it.