CHATTER AWAY: Overnight Open Thread

Deadline reports:

Broadcaster Nexstar Media said Friday it’s buying The Hill, a leading purveyor of Beltway news, for $130 million as it expands in digital content. The Hill had 48 million average monthly users and 2.2 billion total pageviews in 2020 according to Comscore and attracted more than 4 million followers and 914 million video views on Twitter.

It has more than 100 journalists covering political news and events. It is ad-supported. The deal is the latest in a consolidation in the digital media space that has been marked by acquisitions, the latest being Buzzfeed’s merger with a SPAC and purchase of Complex Networks.

Read the full article.

Nexstar Media Buys Political News Hub, The Hill, For $130 Million https://t.co/cra35Of00D

— Deadline Hollywood (@DEADLINE) August 20, 2021