ZoomerMedia Acquires Freshdaily Inc. (blogTO)
January 24, 2022
ZoomerMedia Limited (TSXV: ZUM) has acquired all of the shares of Freshdaily Inc., the owner and publisher of blogTO. The acquisition brings blogTO's large digital audience (350M+ annual page views; ~6M monthly users) and younger demographic reach into ZoomerMedia to accelerate digital product development and expand advertising and cross-platform offerings. Founder Tim Shore sold the business and will work with ZoomerMedia going forward.
- Buyers
- ZoomerMedia Limited
- Targets
- Freshdaily Inc. (blogTO)
- Sellers
- Tim Shore and other shareholders of Freshdaily Inc.
- Industry
- Media & Entertainment
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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