Emmis spins WBLS/WQHT-NY to Mediaco Emmis Communications Corporation announced it has signed an agreement with New York investment firm Standard General to form a new public company, Mediaco, which will purchase WBLS-FM and WQHT-FM (HOT 97) from ... Read More...
Gold Rush: Russell Simmons Sells RushCard for $147M Russell Simmons' Gold Rush! The 59-year-old music mogul’s RushCard, the prepaid debit card company he founded, is being bought by Green Dot for $147 million. Reportedly, Green Dot will buy UniRush, the parent c... Read More...
Johnson Publishing Sells Ebony & Jet Magazines Ebony and Jet magazines, which have chronicled African-American life for the past 71 years, have been sold to an Austin, Texas-based private equity firm. Johnson Publishing Co. announced Tuesday that Ebony a... Read More...
