Literally Media completed the acquisition of MEL Magazine.

Literally Media, an independent media company that bolsters the largest portfolio of digital comedy and culture brands, completed the acquisition of MEL Magazine, a men’s lifestyle and culture magazine. Financial terms were not disclosed. “We wanted to expand our network by acquiring like-minded brands and MEL is a perfect fit. At a time in media where brand and voice matter more than ever, MEL offers us an amazing opportunity to make this platform more than just a magazine. We see multiple opportunities we will be able to explore by adding MEL to our roster, and every move we make will stem from the same commitment to offer something interesting and unique to readers and viewers that they can’t get elsewhere,”Oren Katzeff, Literally Media CEO.