Maven Secures Acquisition Funding, Signs Definitive Agreement to Purchase Say
Big milestone news today for Maven: we have signed the definitive agreement and acquired sufficient funding to acquire substantially all the Say Media assets, including its enterprise advertising and tech platform partnerships with over 125 digital media brands. Maven also announced a convertible preferred stock financing round with net cash proceeds of approximately $13 million (at a price of $0.33 cents per share of common stock on an as-converted basis) which will be used to complete the Say asset purchase, the HubPages merger, and provide working capital. https://www.themaven.net/the-maven/press/maven-secures-acquisition-funding-signs-definitive-agreement-to-purchase-say-hI-WF0gw90-kG53vwqjKEg/
WATCH: Maven, HubPages, Say Media Unite, Form Largest U.S. Media Coalition
Watch the founders of these once-competing publishing platforms discuss why they united to form America's largest media coalition of independent digital media publishers. Massive scale (90 million readers) + monetization + fully-integrated tech = a sustainable future for indie publishers. For the full length video and more: http://bit.ly/MavenSayHub
Watch Military Expert Kris Osborn Discuss Move to Maven
Longtime military reporter and former CNN Headline News anchor Kris Osborn is now publishing on Maven. Warrior Maven is devoted to coverage of cutting-edge weapons, technology and military strategy. Please help us welcome Kris to Maven!
Linda Sarsour Brings Her Voice to Maven’s Diverse Coalition
Maven's vision of inclusiveness is being realized. Feminist and civil rights activist Linda Sarsour is bringing her commentary to Maven's digital media network, joining publishers from all sides of the political spectrum on Maven's diverse network of elite content channels. Check out Linda's channel here: http://bit.ly/SarsourMaven
MavenTV: CEOs of Maven & HubPages Discuss Power of Coming Together
Following Maven's ($MVEN) acquisition of HubPages, the CEOs of each company sat down to talk about the impact this will have for shareholders, publishers and advertisers.
