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Axios sells for $525 million, to a company that seemed to be getting out of the media business
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Daily Beast / Maxwell Tani / Nov 11
“Staff at Hearst Magazines announced Monday they plan to form a union with the Writers Guild of America East, encompassing editorial, photo, video, and social-media employees across 24 major properties owned exclusively by the New York-based media company. The unit includes some of its best-known publications, including Esquire, Town & Country, Cosmopolitan, and Elle among others.” JB
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