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July 21, 2021updated 31 Oct 2022 3:35pm

BDG Media makes $150m acquisition ahead of SPAC deal

By Press Association and Press Gazette

Digital media company BDG Media, which publishes titles including Bustle and Input, is buying Some Spider Studios for around $150m, the Wall Street Journal reports. BDG is one of a number of digital media firms expected to go public this year by merging with a special-purpose acquisition company (scroll down for details on similar deals involving Buzzfeed and Vice). Some Spider Studios operates parenting websites Scary Mommy, Fatherly and the Dad.

Source: The Wall Street Journal

Deal size: $150m

Country: US

Status: Announced

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