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Mashable receives $15 million investment led by Turner

on Mar 31, 2016 | 0 comments

By Minda Smiley

Turner, parent company to networks including TNT and TBS, has spearheaded a $15m investment into digital publisher Mashable.

The partnership will give Turner the opportunity to distribute some of its programming to Mashable’s large digital audience. According to Mashable, its site has 45 million monthly unique visitors and it has 28 million followers on social media.

It will also allow Turner to leverage Mashable’s Velocity graph, which uses predictive analytics to determine which posts will perform best.

For Mashable, the partnership will allow it to expand its video content to more platforms, including TV. The funding will also be used to Read full story ›

Source: The Drum