Trusted Media Brands, Inc.
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Trusted Media Brands, Inc. - overview
Established
1922
Location
Pleasantville, NY, US
Primary Industry
Business Support Services
About
Trusted Media Brands, Inc. is a media company focused on creating engaging content and products that inform and entertain audiences, primarily through its flagship Reader's Digest brand. Founded in 1922 in Pleasantville, US, Trusted Media Brands, Inc. operates as a media entity that delivers diverse content through its various platforms.
The company has undergone significant transformations, including its most recent transition from Public to Private in August 2009, led by Ripplewood Holdings. The total amount raised by the company is USD 2,400. 00 mn, with a notable recent deal involving several investors such as Bank of America Merrill Lynch and Blackstone Credit. The CEO of the company is Bonnie Kintzer.
Trusted Media Brands, Inc. primarily offers content and products through its Reader's Digest brand. It features a monthly magazine with articles on health, humor, travel, food, and personal stories. Additionally, it sells a range of lifestyle products online, including books and kitchen gadgets, targeting a diverse audience interested in trustworthy information and engaging narratives.
In the most recent fiscal year 2008, Trusted Media Brands, Inc. reported a revenue of USD 2,786. 40 mn, while the EBITDA for the same year was USD -242. 90 mn.
Following its transition to private ownership in August 2009, Trusted Media Brands, Inc. is likely focusing on restructuring its offerings. However, there are no specific upcoming product launches or market expansion plans disclosed. The financing raised during the recent deal will be crucial for stabilizing operations post-bankruptcy.
Primary Industry
Business Support Services
Sub Industries
Commercial Printing, Digital Media
Website
www.rd.com
Total Amount Raised
Subscriber access only
Trusted Media Brands, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | CompassLearning, Inc. | - | ||||||||
| Restructuring | Completed | Trusted Media Brands, Inc. | - | ||||||||
| Bankruptcy/Write-off | Completed | Trusted Media Brands, Inc. | - | ||||||||
| Public to Private | Completed | Trusted Media Brands, Inc. | - | ||||||||
| Trade Sale | Completed | Reiman Media Group | - |
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