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The Pulse of New York Tech

Media

TCG Buys Majority Stake in Food52 Valuing it at Over $100M

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Food52, the content and commerce destination for those interested in cooking and food that has an active community of over 16M, has been acquired by TCG Capital Management, an affiliate of The Chernin Group, the media holding company founded by broadcast executive Peter Chernin in 2009.   The exact terms of the transaction were not disclosed […]

Write Label is the Crowdsourced Platform That Connects Brands with On-Demand Writers

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More than one-third of Americans are active participants in the gig economy, and according to an Upwork survey of 6,000 people, 64 percent of freelancers found work online. Write Label, the crowdsourced platform for short-form writing, is strategically positioned to connect the best creative writers with potential projects that include ad scripts, social media campaigns, […]

This NYC Startup Makes Everyone Capable of Creating a Professional How-To Video

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How-to videos are more popular than ever and Instagram Stories and Snapchat has made How-to videos a preferred medium to learn and teach new things.  NYC startup Jumprope‘s platform empowers people to create how-to videos through a unique step-by-step format that allows anyone to build an informational how-to video without any previous video editing or specialized skills. […]

TodayTix Raises Another $73M to Bring Broadway to Your Fingertips in Less Than 30 Seconds

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TodayTix has become synonymous with Broadway and for good reason. This six-year-old NYC startup is responsible for selling 8% of all Broadway tickets. The design and data-centric platform is being used to discover and purchase discounted tickets for the hottest shows in major cities that include London, Los Angeles, and Sydney. Already used by 5 […]

Cheddar Acquired By Altice USA for $200M in Cash

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Cheddar, the digital-first video news network, has been acquired by Altice USA, the US unit of Dutch cable provider Altice, for $200M in an all-cash transaction. Altice USA was formed when Altice acquired Optimum from Cablevision. Altice had been a distribution partner for, and investor in, Cheddar. “The Altice team and Altice Way are as […]

Bustle Digital Group Acquires The Outline in its Latest String of Acquisitions

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Bryan Goldberg and Bustle have scooped up The Outline, a digital news publication launched in 2016 by Joshua Topolosky. Terms of the transaction were not disclosed but all signs point to this being an acquihire as The Outline shed the majority of its staff in the Fall of 2018.

This NYC Startup Just Raised Another $14M to Be the Name You Need to Know in the Experiential Content Space

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Over 70% of marketers say that relevant and engaging content creation is the most effective SEO tactic and brands with the most successful marketing campaigns share the ideology of “show don’t tell”.  Ceros is the all-in-one digital canvas that enables brand marketers to build digital experiences at scale without code. Each product created through the platform is […]

Overtime Raises Another $23M to Wow Gen Z Audiences With Sports Content

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Generation Z is spending less time watching TV and a lot more time staring at their smartphone screens. Any media company that wants to stay relevant has to create consumable content for smartphones, and Overtime is the sports media company that fills the hole in the market for Gen Z sports fans. Overtime is a […]

Spotify Acquires Gimlet Media and Anchor as it Embarks on a Podcasting Buying Spree

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Streaming music service Spotify has acquired two NYC podcasting startups – Gimlet Media and Anchor. Terms of the transactions were not disclosed but reports pegged Gimlet’s acquisition price to be north of $200M