Video publisher on mobile
Job no longer available
101-200 employees
To power revolutionary brands that unite, transform, and celebrate our world.
Special Purpose Acquisition Companies (SPACs) present unique opportunities for existing companies to raise capital through IPOs. Group Nine Media believe there is currently a gap in the market for a SPACs focused on digital media.
Group Nine Media owns four mission-driven brands across food, drink & travel (Thrillist), news & entertainment (NowThis), animals (The Dodo) and science, tech & exploration (Seeker). They aim to consolidate new digital media companies into a single platform through acquisition, a concept that the company believes the industry is primed for. Group Nine believes that digital media companies need a scaled platform that supports portfolio infrastructure to remain competitive in the media ecosystem of today.
Group Nine currently reach 70% of consumers in their 20's every month. In order to grow the companies reach they've raised $200 million in total funding, including $100 million from their partner Discovery. The company aims to use the cash to invest in new content and intellectual property across its acquired brands. Group Nine have production deals with media channels such as Netflix and Comedy Central in the pipeline.

Steph
Company Specialist at Welcome to the Jungle
22% employee growth in 12 months
Sep 2019
$50m
EARLY VC
Nov 2017
$40m
EARLY VC
SoHo, New York, NY
Ben Lerer
(CEO)Managing Partner of Lerer Hippeau, a venture capital firm. Alongside being CEO of Group Nine and its Acquisition Corp, They are Chairman of the Board for Urban Upbound, an NPO tackling poverty in Western Queens, NY.
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