Matthew Belloni
Former Hollywood Reporter editorial director Matthew Belloni has joined a enterprise capital-backed digital media startup as a founding accomplice.
Alex Weprin of The Reporter stories, “The still-unnamed digital media startup is co-founded by former Self-importance Honest editor Jon Kelly, Vox Media and Luminary veteran Joe Purzycki, The Athletic alum Max Tcheya, and Conde Nast veteran Liz Gough, and counts TPG and 40 North Media amongst its buyers. It has raised $7 million up to now in Collection A financing.
“The startup plans to focus its editorial protection on the nexus of energy and affect in just a few key sectors: Finance, know-how, politics, and leisure. Belloni will assist launch its protection of leisure, beginning with an invite-only e-mail publication. The New York Occasions beforehand reported that the startup was in talks with former Washington Put up reporter Wesley Lowery a few function overlaying politics.
“The corporate is at present centered on constructing out a subscription-based enterprise, constructed round newsletters, premium content material, podcasts, and occasions, although it additionally mentioned to be pursuing some premium sponsorships.”
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