Media Industry Challenges in 2021
Media industry continues to face challenges as Ziff Davis acquires CNet from Red Ventures for $100 million, Broadcasting & Cable and Multichannel News shut down, and Axios lays off 50 employees due to the rapidly changing media landscape.
Key Points
- Ziff Davis acquired CNet from Red Ventures for $100 million
- Broadcasting & Cable and Multichannel News are shutting down
- Axios is laying off 50 employees due to changes in the media landscape