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Federated Media Garners $50 Million Investment

Editor
publications.mediapost.com

Federated Media Publishing (FM), parent company of more than 200 popular blogs and Web sites, has snagged $50 million in an investment round led by Oak Investment Partners. FM's network includes Ars Technica (with nearly 20 million average monthly page views) and TechCrunch (with more than 5.5 million). FM--like its investors, was very confident in the continued success of the business model.

Submitted By: Editor 7 months ago.
Category: For Publishers
Tags: blog, post, Conde Nast, bloggers, journalist,
Viewed: 105 times
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