About New Media Investment
New Media Investment is a company based in New York (United States) founded in 1997.. New Media Investment has completed 13 acquisitions, including Gannett, Halifax Media Group and Las Vegas Review-Journal.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
$1.53 B14as on Dec 31, 2018
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Net Profit
$18.2 M2089as on Dec 31, 2018
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EBITDA
$142.93 M32as on Dec 31, 2018
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Gannett
& 12 more
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Funding Insights of New Media Investment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by New Media Investment
New Media Investment has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Gannett, Halifax Media Group and Las Vegas Review-Journal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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36 newspapers and websites are published across six US states.
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2010 | ||||
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Sports services are provided through obstacle course events and races.
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2010 | ||||
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Marketing solutions are provided to automotive dealerships online.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - New Media Investment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
New Media Investment Comparisons
Competitors of New Media Investment
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about New Media Investment
When was New Media Investment founded?
New Media Investment was founded in 1997.
Where is New Media Investment located?
New Media Investment is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of New Media Investment?
Michael E Reed is the current CEO of New Media Investment.
What is the annual revenue of New Media Investment?
Annual revenue of New Media Investment is $1.53B as on Dec 31, 2018.
What does New Media Investment do?
New Media Investment was established in 1997 and is headquartered in New York, United States. Focus is placed on investments across various US sectors, with operations centered on financial opportunities within the country. Leadership is provided by Chairman Wesley Edens, CEO Michael E Reed, and President Jason Taylor. Services include capital allocation and portfolio management for domestic markets.
How many acquisitions has New Media Investment made?
New Media Investment has made 13 acquisitions, including Gannett, Halifax Media Group, and Las Vegas Review-Journal.
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