The Hollywood Reporter-Billboard Media Group has purchased SpinMedia’s Spin, Vibe, and Stereogum websites:
“In recent years, we set out to own the topic of music online, and the acquisition of these incredible music assets helps us do just that,” said Media Group co-president John Amato. “By making these storied brands part of our family, The Hollywood Reporter-Billboard Media Group will be able to fully capture the value of millennials and music, and continue to strengthen its leadership position in this critical arena.”
Best of luck capturing all that “millennial value.”