Trusted Media Brands will acquire Jonathan Skogmo’s user-generated content company to form a multi-faceted digital media company
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<p>Trusted Media Brands, the parent of Reader’s Digest, has acquired Jonathan Skogmo’s Jukin Media, the L.A.-based streaming and social video company, the companies announced on Thursday.</p>
<p>Terms of the deal were not disclosed.</p>
<p>Founded in 2009, Jukin Media’s properties include FailArmy, People Are Awesome, The et Collective, and WeatherSpy.With the acquisition, Jukin’s 220 employees will join Trusted Media’s team with a plan to strengthen Trusted Media’s existing consumer coverage.</p>
<p>More to come…</p>
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Source: <a href="https://www.thewrap.com/jukin-media-acquired-by-trusted-media-brands/" target="_blank" rel="noopener">Read Full Article</a></p>
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Trusted Media Brands will acquire Jonathan Skogmo’s user-generated content company to form a multi-faceted digital media company