Mystery media company goes on sale

A mystery media company has gone on sale.

The print and digital media specialist is being touted as suitable for a publisher “wanting to develop its existing media platforms or a print publisher seeking to expand its titles while acquiring advanced digital media technology.”

According to an ad published in The Australian newspaper, the for-sale company is “highly profitable” and has “strong cashflows”.

The ad reads: “because the business models can easily be expanded into related markets, the vendor might also consider equity investors wanting to gain a foothold in digital media by utilising the current print and online platforms for a larger media venture.”

A valuation was not included in the ad, and the vendor is yet to return Mumbrella’s emails for further information.


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