Bonnier Buys Video Learning Site for Its Wakeboarding Brand

Special-interest publisher Bonnier Corp., is moving to bolster its Wakeboarding franchise with the acquisition of a provider of online instructional content. With the purchase of Learnwake.com, the Orlando, Fla., company’s title secures what it describes as “the online destination” for wakeboarders looking for videos that help them learn the sport’s finer points

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Media General To Acquire Meredith

Traditional media giants Media General and Meredith Corp. announced an agreement to merge into a new, even more giant entity that will be known as Meredith Media General. While Meredith, with some of the best-known consumer publishing brands, gets top billing in the agreement, Media General is effectively acquiring Meredith via a cash and stock deal putting its outstanding common stock value at $2.4 billion

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