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Matthew Ingram

Matthew Ingram Quotes

Total quotes: 2

Matthew Ingram

Birthname

Total quotes: 2

“Although the terms of the Knowingly purchase haven’t been made public, sources who looked into buying some or all of the assets said the initial price for the editorial part of the company was $6 million, but eventually that was reduced to $1 million, and still many bidders backed out—in part because the editorial staff had all been let go. That suggests Knowingly likely paid less than $1 million.”

— Matthew Ingram, Can a news site be reborn? Gigaom readers are about to find out

Tagged: Media Acquisitions, GigaOm

““In its latest quarterly earnings report, Axel Springer—which owns a number of major daily newspapers and magazines in Germany, as well as a large online-classified site—said that if it had owned Business Insider for all of 2015, the site would have contributed $42.8 million in revenues.

When the acquisition was announced, Axel Springer said it paid $343 million for the outstanding shares of Business Insider...This valued the entire company at approximately $450 million. ””

— Matthew Ingram, Business Insider's Acquisition Price Was More Than Generous, Axel Springer Results Show

Tagged: Media Acquisitions, Business Insider, Axel Springer, September 2015

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