Group Nine Media

[5] In December 2020, Group Nine formed its own corporate SPAC to use the public funding for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.[7] The transaction was completed in February 2022, and Group Nine was folded into Vox Media.[8] At the time of the 2016 merger, Discovery Communications announced a $100 million minority investment in the collective organization, becoming the biggest shareholder before Axel Springer.[4] In 2017, Discovery led a $40 million funding round in the d "igital media company.[9] Group Nine Media raised $50 million in new funding in 2019, led by its lead investor Discovery along with participation from German publishing firm Axel Springer.
Privately held companyDiscovery Digital NetworksVox MediaNew York CityPresidentSubsidiariesThe DodoNowThisPopSugarSeekerThrillistdigital mediaholding companySourceFedDiscovery CommunicationsshareholderAxel SpringerDiscoveryAdweekTubefilterThe New York TimesJim BankoffMarty MoeMelissa BellSB NationMMA FightingOutsportsThe VergePolygonNew YorkThe CutVultureCurbedRecodeExplainedThe Mind, ExplainedSex, ExplainedCoronavirus, ExplainedWhose Vote Counts, ExplainedMoney, ExplainedSB Nation RadioDiscovery Inc.Warner Bros. Discovery