Capital Flows Like Water to Media Companies (of a Certain Kind)

Posted Thursday, December 11, 2014 10:47 am

By: Rick Edmonds | Poynter

December has started with a bang-up ten days financially for some leading American media companies.

Vox announced it has raised another $46.5 million in a new round of venture capital bringing its total valuation to $385 million. CEO Jim Bankoff, in a internal memo he made public, announced ambitious expansion plans for 2015.

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Capital Flows Like Water to Media Companies (of a Certain Kind)

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