Understanding the Media Company SPAC Push: Report

Digital Media

SPACs are still hunting for deals as their countdown timers tick as media companies reassess their timelines on going public, TechCrunch reports. A booming advertising market coupled with rising belief in consumer-media subscriptions is driving the run to blank-check companies. A report of Vice Media jumping into bed with 7GC & Co Holdings at a $3 billion valuation is the most recent example. Read more.

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