Announced
Financials
Tags
Acquisition
United States
media agency
Pending
Media Agencies
Private
Private Equity
Synopsis
American Media, a leading publisher of celebrity journalism, health and fitness, and lifestyle brands, acquired The Adventure Sports Network From TEN: Publishing, a network of publications, websites, events, branded products, an automotive VOD channel, and an action/outdoor sports media platform. Financial terms were not disclosed. "The opportunity to merge the incredible ASN brands with our recent acquisition of Men's Journal establishes a significant digital network and underscores American Media's commitment to diversifying our brand offerings and revenue streams," said American Media Chairman and CEO David J. Pecker. "I am confident that under the management of the Men's Journal leadership, the addition of ASN's incredible digital and social scale will be important factors in our continued growth and success."
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