Online & Digital Media News – ZoomerMedia Acquires Daily Hive Parent Company Buzz Connected Media
ZoomerMedia is pushing further into the digital publishing space, acquiring Connected media buzzowner and publisher of daily hive. Based in Vancouver, Daily Hive has more than 3.1 million subscribers across Instagram, TikTok, Facebook, Linkedin and Twitter. The company also operates an in-house branded content studio, Hive laboratories. ZoomerMedia previously acquired blogTO in January of this year. The multimedia company, best known for exploiting VisionTV, The new classic FM (CFZM-FM) and Zoom Radio (CFZM-AM), says that with the addition of Daily Hive, it becomes the largest millennial and Gen Z-focused media platform in Canada, “and provides ZoomerMedia with an unparalleled national audience in terms of reach and demographic, online and social media engagement. ” Zoomer acquired Buzz Connected for $16.4 million, consisting of $6 million in cash, a $5 million promissory note, the issuance of $3 million of ZoomerMedia stock and the assumption of Buzz’s outstanding debt of $2.4 million. Read more here.
Frank Magazine Atlanticthe Halifax-based version of the tabloid-style magazine featuring news, satire and opinion, closed. “We regret to announce the death of Frank Magazine Atlantic, 35, on September 14, 2022,” the post read. announcement Tuesday on its website. “Struck by a gallery of grievous and irremediable medical conditions thugs, death was quick and (most of the time! – editor’s note.) painless. Owned by a Cape Breton entrepreneur and investor Parker Rudderhamthe publication operated with a small team in recent years headed by the editor Andrew Douglas. Earlier this year, Frank was one of the media who disputed Nova Scotia attempts Mass Casualty Commission to suppress the publication of video surveillance tapes of the dismantling by the RCMP of Gabriel Worman in April 2020.
To scold announced that the video-sharing platform’s user base hit a new high in August, bringing its global monthly active users (MAUs) to 78 million, representing a 77% year-on-year growth on the other. A new record of 63 million was also reached for UAMs in Canada and the United States, representing a 103% year-over-year growth. Rumble says a substantial portion of this growth has come from users in the “Gen Z” age group of 18-24. The platform has announced its intention to launch Rumble Exclusiveslive programming featuring independent creators and two-way dialogue with their audience. The first daily livestream, hosted by Pulitzer Prize-winning journalist Glenn Greenwald, will begin later this month and will see Greenwald stream exclusively on Rumble at 7 p.m. ET Monday through Friday to interview guests, discuss the news, and interact with audience questions and comments. After the Rumble livestream, it will continue with a subscriber-only Q&A session on Rumble’s subscription-based community platform, Locals. Greenwald’s “System Update” channel launched on Rumble in August 2021 and currently has over 200,000 subscribers.
Michael Bendixenancient Newstalk 1010 (CFRB-AM) program director and Director of National Format, News and Talk Programming, who separate ways with Bell Media last November, launched a new newsletter on Sub-stack. The broadcast media veteran promises “an analysis of the day’s news and how it is covered”. His inaugural post discusses his early experiences with ICT Tac at CFRB and why research indicates content industry players should embrace the platform.
12:36Toronto-centric pop culture and current affairs newsletter, is shift its edition model as it completes an 88-month run under CJM Media. 12:36 p.m., under the editor’s guidance Marc Weisblottwill continue to publish weekly digests on Thursdays for the foreseeable future and has already attracted an inaugural sponsor.
BBTV Holdings entered into an agreement to provide content management to the Harlem Globetrotters. Vancouver-based BBTV will provide Globetrotters with rights management, channel management and content development solutions across multiple platforms, including Youtube and Facebook. The Harlem Globetrotters will celebrate their next centennial in 2026.