Analysis: Why Are Media SPACs Hot Right Now?

Adweek: For the past six months, there’s been a ballooning interest in media companies going public via special purpose acquisition companies. Why the sudden rush of interest by digital media companies like BuzzFeed, Vice, Group Nine, Bustle Digital, and Vox? Media consolidation has been looming for years, with converging factors leading to an increased appetite, according to experts. “It’s another path for hardworking people to gain financing and exits. And there’s a lot of money on the sidelines right now.”