Prometheus Global Media to Acquire Mediabistro

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By: Chris Ariens | Mediabistro

So, we’re in the news today. This morning, Mediabistro is announcing that it has entered into a definitive agreement to sell its editorial and e-commerce assets to PGM-MB Holdings, LLC, a wholly-owned subsidiary of Prometheus Global Media. PrometheusGM owns and operates influential media brands Adweek, The Hollywood Reporter and Billboard, as well as the Clio Awards and Film Expo Group.

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