Los Angeles-based online content publisher Break Media and Alloy Digital said Tuesday that the two are merging to form a new, Internet video company called Defy Media. Financial terms of the merger were not announced. Variety said that the combined company will have more than $100M in revenues. Break Media founder and CEO Keith Richman will become President of the new company, with Alloy CEO Matt Diamond becoming CEO, according to reports.
Top NewsTuesday, October 8, 2013
Break Media, Alloy Digital To Merge