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Which company is that? Wikipedia says they're independent with the majority shareholder being a New York company called Advance Publications
by swebs 7y ago
Which company is that? Wikipedia says they're independent with the majority shareholder being a New York company called Advance Publications
- 34679 7y agohttps://www.theverge.com/2019/2/11/18216134/reddit-tencent-investment-deal-memes-amount-winnie-the-pooh-tank-man-china https://www.theverge.com/2019/2/11/18216134/reddit-tencent-i... "Reddit gets a $150 million investment from Tencent and users are posting memes to mock the deal"
- ceejayoz 7y agoHalf of one funding round and "owned" are substantially different things.
- baybal2 7y agoCondenast has a huge PR, advertising, and media business in China, which would've been a near impossible task even for a domestic Chinese company, let alone foreign, or American one on top of that. The propaganda ministry razed the media landscape to the ground over the last 5 years. Even completely apolitical companies like publishers of professional literature, science textbooks, photo journals, and children books got a boot. The state has also been said to forcefully breaking up big media groups, denying mergers in between ad/pr/media companies. Seeing Condenast thriving in China, knowing how things there are now, is very suspicious.