FIPP’s annual review of magazine M&A last year. In this industry, change is constant. Though, over the last number of years, we’ve seen increasing numbers of mergers and acquisitions on the media landscape. 2018 was no different, with magazine media marketplaces restructuring, consolidating and diversifying.
“You’ve got that kind of thing going on where everyone’s for sale,” Tony Haile, Scroll CEO, told Joe Pompeo at Vanity Fair.
“Haile isn’t incorrect. Everything does seem for sale. As the threat of the so-called FAANGs—Facebook, Amazon, Apple, Netflix, Google—continues to grow, large legacy players, such as AT&T and Time Warner, or Disney and 21st Century Fox, are combining at a rabid pace,” Pompeo wrote.