Liberty Media Among High Profile SPACs to Watch

Business Insider: A growing number of execs and investors are looking to cash in on media through special-purpose acquisition companies. Some $82.8 billion was raised by 248 SPACs in 2020, up from the $13.6 billion raised by just 59 SPACs the prior year. Big media names like Dish co-founder Charlie Ergen, LinkedIn founder Reid Hoffman, Group Nine founder Ben Lerer and former Hearst chief content officer Joanna Coles are spearheading SPACs focused on acquiring media companies.