Friday, February 13, 2015
j2 Global Hits Nearly $600M In Revenues, Adds Former AOL Head Miller To Board
Los Angeles-based j2 Global, which runs both a long list of online, cloud-based services as well as owns publisher Ziff Davis and other online publishing businesses, has hit nearly $600M in total revenues, the company said late yesterday. The company also said it reached record annual revenues of $599M, a 15 percent year-over-year increase. j2 Global also said it has added former AOL CEO Jon Miller--now a partner at Advancit Capital--to its board, as well as revealed that it spend $143M in the quarter for eight acquisitions, plus its quarterly dividends. Miller was previously CEO oat NewsCorp Digital media, and also served at USA Interactive, Viacom/MTV Networks, and the NBA.