Aegis Blog

News Corp acquisition proves even traditional companies need IT contractor liability insurance

News Corp acquisition proves even traditional companies need IT contractor liability insurance

There's a lingering perception that traditional media companies aren't open to technological progress. However, a quick glance at their history of acquisitions suggests that this idea is misguided. On Friday, New Corps further dispelled that myth when the media giant shelled out $25 million for Storyful. The Ireland-based startup curates new-based social media content, including justice-related stories like protests and violent conflict. Newsy, a similar company, was acquired for $35 million by print corporation Scripps. These acquisitions, while relatively modest, represent both a continuation of print media's commitment to progress and also ...

 

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