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Monday, August 20 09:48 AM |
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The Ultimate Raise: TheSource On Sale By David Mays
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Media mogul David Mays has retained Morgan Stanley to put TheSource entertainment on the selling block. The price: A tidy sum of $100 million. TheSource entertainment consists of hip-hop themed high circulation magazines, an annual award show, and two weekly television properties that use the African Heritage Network for broadcast time. The magazine arguably controls most of urban fashion and music print advertising dollars. Who is going to buy it and what does that mean for other urban properties?
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Who is going to buy it and what does that mean for other urban properties?
1. Who cares?
2. Who cares? |
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