Night Media wants to acquire “established consumer-facing companies,” launches $100m investment firm

Night Capital will focus on “acquiring established consumer-facing companies in partnership with leading talent,” according to a press release. Translation: Night will use its nine-digit war chest to pick up majority stakes in the companies it backs. Then it will connect those entities to creators, who will help guide “the strategic vision and future business growth” of Night Capital’s assets.

Source: Night Media wants to acquire “established consumer-facing companies.” That’s why it’s launching a $100 million investment firm. – Tubefilter