INSUBCONTINENT EXCLUSIVE:
A pair of digital news companies are teaming up, with PressReader acquiring News360.PressReader was founded back in 1999 as Newspaper
It now operates a platform that converts newspapers and magazines into digital formats, while offering a $29.99 monthly subscription that
provides unlimited access to more than 7,000 of those titles.News360, meanwhile, is relatively youthful, having been founded in 2010
It has also created a news aggregation app, but the announcement makes it sound like PressReader was particularly interested in the
millions of readers the trusted media they want, how they want it, when they want it, and where they want it, while building more audience
intelligence into the data that drives our publisher and brand partnerships.The News360 team will be joining PressReader and working out of
the acquisition were not disclosed
According to Crunchbase, News360 has raised a total of $7.5 million from investors, including Ordell Capital.
