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New Deal


Announced

Vinco Ventures to acquire National Enquirer, National Examiner and Globe from a360 Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

weekly tabloid

magazine

tabloid

Publishing

United States

Domestic

Single Bidder

Majority

Private

Acquisition

Pending

Synopsis

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Vinco Ventures, a digital media and content technologies holding company, agreed to acquire National Enquirer, National Examiner and Globe, three multimedia companies, from a360 Media, a publisher of magazines, supermarket tabloids, and books. Financial terms are not disclosed. "Vinco's digital platforms and capabilities are well positioned to maximize revenues from these iconic and already profitable media brands. Our digital ecosystem will be critical in heightening the reputation and recognizability of the National Enquirer, National Examiner and Globe to a broader audience and the editorial team joining us from these publications will play an important role in these efforts. We look forward to integrating these publications into our business and continuing their legacy of success," Rod Vanderbilt, Vinco Executive Chairman of the Board.

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