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.
Company
Publishes a range of online US media brands under licence
Every investor coverage indicates participated in a round Val Morgan Digital raised.
The transaction that ended Val Morgan Digital's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Vinyl Group | Acquisition | Mar 2026 | $10.5m | Mumbrella, Startup Daily (10 Jun 2026), Startup Daily (9 Jun 2026), Startup Daily (2 Mar 2026) |
Companies Val Morgan Digital acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Val Morgan Digital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Also Startup Daily·This Week in Australian Startups·Capital Brief
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.