June 15, 2023  SEONews

Online & Digital Media News – ZoomerMedia acquires The Peak … – Broadcast Dialogue

ZoomerMedia has announced its acquisition of The Peak Media Collective Inc. (PMC). Founded in 2020 by Brett Chang, Alex Blumenstein, and Taylor Scollon, with the backing of a $350,000 seed round supported by The Logic and TechTO, The Peak’s flagship daily finance and tech newsletter boasts readership of 115,000. Aimed at young professionals, the outlet also produces The Peak Daily, a 7-minute weekday news roundup, which has aired on Corus Radio talk stations since 2022, and Free Lunch, featuring weekly deep dive interviews which purports 100,000 downloads a month, according to a ZoomerMedia announcement. The brand also has strong followings on TikTok and Instagram. The deal’s aggregate purchase price of $5 million is comprised of $3.5 million cash on closing and a $1.5 million promissory note. Read more here.

ZoomerMedia has completed its acquisition of all outstanding shares of Museland Media Inc., publisher of Ludwig Van, Canada’s digital voice for classical, opera, chamber and…

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source: https://news.oneseocompany.com/2023/06/15/online-digital-media-news-zoomermedia-acquires-the-peak-broadcast-dialogue_2023061546171.html

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