Tuesday, December 10, 2013

'Scripps-y' Gets Newsy

Image representing Newsy as depicted in CrunchBase
Image by None via CrunchBase
Columbia, Missouri-based Newsy, the five-year-old digital video news platform founded by CEO Jim Spencer, has been acquired in a $35 million cash deal by media conglomerate E.W. Scripps Co., TechCrunch.com reports.

The Cincinnati-based Scripps, which owns 19 tv stations and 14 newspapers in 13 markets, added Newsy as a subsidiary to add a digital video component to its stable. Spencer and Newsy's 35 full-time and part-time staffers will continue to work out of Columbia, according to TechCrunch.
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