Announced
Completed
Synopsis
Redbrick, a company that builds, acquires, and supports innovative businesses, completed the acquisition of Quartz, a digital media company, and The Inventory, a consumer product media company, from G/O Media, a media holding company. Financial terms were not disclosed. "As the media landscape continues to shift, the only way to survive and thrive is by embracing the advancements in innovation to connect and engage with audiences. Redbrick’s portfolio will serve as the foundation for the future of media, enabling media companies like Quartz to develop direct relationships with audiences, deliver personalized experiences wherever people are watching, and create a more sustainable ecosystem with better advertising touchpoints,” Tobyn Sowden, Redbrick CEO.
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