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Penske Media Buys Rolling Stone Magazine

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Los Angeles-based Penske Media said on Wednesday that it is buying a majority of Rolling Stone magazine. Financial details of the deal were not announced, however, reports say the deal values Rolling Stone at more than $110M. Penske Media is led by Jay Penske.

Media 113
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BUZZMEDIA Trims Spin Magazine

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Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house.

Layoffs 124
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SpinMedia Buys Death and Taxes

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Los Angeles-based SpinMedia said today that it has acquired Death and Taxes , an online magazine focused on indie music news, pop culture, politics, and entertainment. Financial terms of the acquisition were not disclosed. deathandtaxes spinmedia content blog magazine merger acquisition music news entertainment'

News 147
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Audience Media Acquired By Zinio

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Audience Media , which has offices in Temecula, just outside of San Diego, has been acquired by San Francisco mobile magazine publishing firm Zinio. audiencemedia audience media zinio magazine publishing tools merger acquisition' Financial terms of the buy were not disclosed. READ MORE>>.

Media 153
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BlackLine Discloses Revenues: $10M to $30M

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Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. blackline systems revenues accounting software financial merger acquisition private equity' READ MORE>>.

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Former Maker Studios CEO Kreiz Bids $2 Billion For Time Inc.

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The bid was reportedly rejected by the magazine publisher. Kreiz led Maker Studios' acquisition by Disney in 2014, and left last year. Ynon Kreiz , the former CEO of Maker Studios , has made a bid for publisher Time Inc. , in conjunction with Access industries and Edgar Bronfman Jr., according to Bloomberg. READ MORE>>.

Report 100
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The Gores Group Buys Zmags

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a Boston-based software developer which develops self-service, publishing tools aimed at magazine publishers, catalog publishers, and others. Zmags helps those catalog, magazine, and other publishers convert their media into tablet, mobile, social, and web form. Financial terms of the buy were not disclosed. Rigney as CEO of Zmags.

Mobile 113