 Jim Spanfeller |
Stanton reps Great Hill Partners as the Boston-based private equity firm acquires Gizmodo Group and The Onion from Univision Communications.
Jim Spanfeller, former CEO of Forbes.com and Ziff Davis' digital consumer group will helm the new company, G/O Media Inc.
He’ll oversee brands that reach about 100M visitors monthly, including Deadspin (sports), Jezebel (women’s interests), The Root (African-American news/culture) Gizmodo (technology), Jalopnik (cars), Kotaku (gaming) and Lifehacker (life tips).
Most recently, Spanfeller, past chairman of the Interactive Advertising Bureau, built and sold a digital content company featuring Active Times and The Daily Meal to tronc inc.
GHP’s Chris Gaffney noted that the acquired digital media assets combine for a larger audience than Vice, Vox or Buzzfeed.
He sees “a great opportunity to further scale a high-quality content producer led by an experienced digital media executive like Jim.”
Alex Stanton handles GHP’s transaction.
Lauren Skowronski, director of communications at Snap Inc., has been named senior VP-communications at CNBC.
Trust in the news media has continued to decline among Americans, with skepticism especially growing among younger audiences, according to a recent study.
Amazon may be coming to TikTok’s rescue in the nick of time as the app faces an April 5 deadline to cut ties with its Chinese owner or face a ban in the US, according to the New York Times... Vanity Fair editor Radhika Jones is heading out the door at the Condé Nast title she has headed up since 2017... Newspapers have dodged the bullet as regards the proposed tariffs on newsprint—for now.
Financial Times group chief executive John Ridding is stepping down after close to 20 years in the position... MSNBC hires Scott Matthews as SVP of newsgathering, effective March 17, as the network prepares for life after its connection to NBC News... Gallup has released a report showing that two-thirds of Americans either do not trust the media very much (31 percent) or do not trust it all (36 percent). 
Last week, Jeff Bezos just did something rare in today’s media landscape: he embraced common sense.
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