Capital · acquirer
CNN
News network, acquirer · Atlanta
- Founded
- 1980
- Entered
- 2005
- Placed at
- 2005: founded 1980, before the timeline start; shown from 2005
- Status 2026
- Active
- Metro
- Atlanta
- Embeddedness
- 1 connections
- Confidence
- verified · strongest source trade or financial press
Method
CNN buys Casey Neistat's Beme on November 28, 2016 for a reported $25 million, shuts the app in January 2017 and winds down the unit when Neistat leaves in January 2018. The acquisition is one of the first purchases of a creator founded app by a legacy news network, and none of the product survives.
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The path: money and goods moving
- acquiredBemeCNN buys Beme on November 28, 2016 for a reported 25 million dollars, shuts the app in January 2017 and closes the Beme News unit on January 25, 2018 when Casey Neistat and Matt Hackett leave.2016
Sources (trade or financial press): en.wikipedia.org · en.wikipedia.org · variety.com · techcrunch.com · forbes.com