Now Vinyl is taking Time Out
Josh Simons-led Vinyl Group raised $2.4 million and is adding Time Out Australia and Pedestrian Group to its media portfolio for little outlay, alongside earlier buys of Concrete Playground and Val Morgan Digital.
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Every investor coverage indicates participated in a round Hoyts raised.
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Josh Simons-led Vinyl Group raised $2.4 million and is adding Time Out Australia and Pedestrian Group to its media portfolio for little outlay, alongside earlier buys of Concrete Playground and Val Morgan Digital.
Vinyl Group is buying Nine's youth publisher Pedestrian Group for nominal consideration, ending Nine's costly ownership. The piece also recalls Nine's stake purchases, Linkby's Series B, and Vinyl's acquisitions and shutdowns.
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Vinyl Group is buying Val Morgan Digital, publisher of BuzzFeed and PopSugar, from Hoyts for $10.5 million, with funding via a shareholder facility and Hoyts CEO Damian Keogh joining the Vinyl board.
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Main Sequence, CSIRO's deep tech venture fund, adds Cochlear chair Alison Deans as a venture partner, extending her investment committee service since 2017; its third fund brought in $450 million in July.
Ticketing and live entertainment company TEG has bought a majority stake in FAN+, a Sydney marketplace for athlete and club experiences, which will integrate with Ticketek. The startup earlier passed through two accelerators and counts Artesian among its backers.