Find.co, a NYC-based media company building an engaged and informed community across finance, technology, entertainment, and sports, acquired Salon.com, a digital media outlet.
The amount of the deal was not disclosed.
Founded in 1995, Salon has delivered content backed by original reporting, news analysis, investigations, and independent commentary. The company operates Salon.com, Salon TV, social media, news platforms, email newsletters and mobile apps. Its content, including its flagship show “Salon Talks” and other Salon TV programming, reaches an audience of an estimated 20 million monthly visitors.
Salon will operate as a standalone, U.S. based brand within Find.co’s broader media portfolio, with existing editorial staff continuing in their current roles. To further ensure a seamless transition, Drew Schoentrup, who co-owned Salon along with Chris Richmond, will continue as CEO for six months, while Mr. Richmond will serve as an advisor for a year.
Led by CEO Mendel Benoit, Find.co is a media and publishing company focused on delivering contents that bring knowledge and confidence to online communities. With nearly 100 employees globally, it combines research and ethical journalism to offer reliable insights.
Commenting on the news, Mendel Benoit, Find.co’s Founder and CEO, said, “The acquisition of Salon.com significantly enhances Find.co’s growing portfolio of media assets and brings additional reach and scale to our overall mission. We come to this opportunity with deep appreciation for the attributes that have made Salon great: smart, informed, timely reporting and provocative opinion and critical analysis. Our goal is to build on this success in partnership with Salon’s existing editorial team to grow the publication’s reach while expanding and sharpening coverage around finance and technology.”
FinSMEs
10/11/2023