Junkee for sale: Ooh Media announces plans to sell youth-focused publication

Zanda Wilson

July 8, 2021 3:06

Ooh Media is set to renew its focus on its core out-of-home assets, announcing its intentions to sell digital youth publication Junkee Media, which it purchased in 2016.

Chief executive officer, Cathy O’Connor, said the decision was made after a strategic review during which Ooh Media decided to transition away from online digital publishing. As a result, it will appoint advisors to sell Junkee, while Junkee CEO Neil Ackland will remain with Ooh Media.

Ooh Media’s original purchase of Junkee came as a surprise to the industry, but appeared a signal of intent that the company would diversify further, something that hasn’t come to fruition in the five years since the purchase.

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Zanda Wilson

Zanda Wilson was a reporter and podcast producer at Mumbrella, specialising in radio reporting. He left Mumbrella in September 2021.