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[ Wed, Apr 23rd ]: Politico
Gen Z, Media Illiterates

Quartz Sold By G/O Media to 4th Owner since 2018


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  Quartz is changing hands again, with G/O Media selling the business news-focused site to Redbrick, a Canadian software company

Quartz, the business news website, has been acquired by G/O Media, a digital media company, for an undisclosed sum. This acquisition marks G/O Media's first purchase since its formation in April 2019, and it aims to expand its portfolio of digital media brands. Quartz, known for its innovative approach to business journalism, will continue to operate independently under its existing leadership, with G/O Media providing support and resources to help the site grow. The deal is expected to close in the coming weeks, and it is seen as a strategic move by G/O Media to strengthen its position in the competitive digital media landscape.

Read the Full TheWrap Article at:
[ https://www.thewrap.com/quartz-sold-g-o-media/ ]

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