Spin, Vibe, and Stereogum Sold to Billboard

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The Hollywood Reporter-Billboard Media Group has purchased SpinMedia’s Spin, Vibe, and Stereogum websites:

“In recent years, we set out to own the topic of music online, and the acquisition of these incredible music assets helps us do just that,” said Media Group co-president John Amato. “By making these storied brands part of our family, The Hollywood Reporter-Billboard Media Group will be able to fully capture the value of millennials and music, and continue to strengthen its leadership position in this critical arena.”
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Best of luck capturing all that “millennial value.”

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