Two Hampton Roads marketing agencies to merge
Norfolk-based WB Marketing‘s parent company has acquired majority interest in Virginia Beach-based marketing and communications firm Meridian Group and will merge the two into one agency, Meridian Group announced Tuesday. Mike Matacunas from Norfolk-based private investment firm Five Hill Capital — WB Marketing’s parent — acquired the majority interest from Meridian Group founder J[...]
Gannett restructuring into two units
McLean-based Gannett Co. Inc. is restructuring to create two new U.S. business units, the nation’s largest newspaper publisher announced last week. The units will be Gannett Media and Digital Marketing Solutions (DMS). Maribel Perez Wadsworth, based in McLean, will lead Gannett Media, while Kris Barton, based in the Los Angeles area, will lead DMS. “This […]
Graham Media Group announces next president and CEO
Catherine Badalamente will be the next president and CEO of Arlington-based Graham Holdings Co.’s local media division, Graham Media Group. Her hiring follows current president and CEO Emily L. Barr’s Tuesday announcement that she would retire later this year. Graham Holdings Co. is the family company of the late Katharine Graham, who was the former […]
Media matters
It’s hard to have a conversation about anything in the headlines, especially anything to do with technology or politics, without some blame being assigned to “the media,” as if there were one enormous unified communications cloud shaping all our collective thoughts. That would be enormous for certain, but the media is perhaps more consolidated than […]
Tegna confirms acquisition offers
Tysons-based broadcast and digital media corporation Tegna Inc. has received acquisition bids of more than $8 billion from Apollo Global Management Inc. and media mogul Byron Allen, according to media reports. The news comes more than a year after previous purchase proposals fell through in March 2020 amid the dawning of the coronavirus pandemic. Bloomberg […]
310 Va. companies make this year’s Inc. 5000 list
This year, 310 Virginia companies are ranked on the most recent Inc. 5000. Inc. magazine released its annual list of the nation’s 5,000 fastest-growing privately-held companies Tuesday morning. Leading Virginia’s companies on the list is No. 13 Olympic Media, a digital media ad company based in Arlington. Incorporated in 2017, the firm focuses on politics […]
Dollar Tree launches digital media network
Chesapeake-based Fortune 500 discount retailer Dollar Tree has launched a digital media arm that aims to connect advertisers with potential customers via its Family Dollar retail brand, it announced today. Dollar Tree says its new venture, the Chesapeake Media Group, will offer services that help companies place ads on Family Dollar’s website and mobile app […]