Clutch Deal Expands Partnership, Explores Larger Online Marketspace
by Nokware Knight
On the eve of this year’s digital reincarnation of popular African-American woman’s magazines Honey and Sister 2 Sister, Elemental Interactive invested an undisclosed amount in Clutch Magazine in exchange for minority ownership. Details on the amount of money and equity exchanged have not been released. The deal looks more like a next step in the [...]
Read More$10 Million Won’t Make Honey Any Sweeter For Investors
by Angela
I’m having a hard time figuring out what makes the new online version of Honey magazine worth a $10 million dollar investment. Sure, the re-emergence of Honey in an online only format will no doubt be popular among fans of the old print edition and those new to the Honey brand. Sahara Media has the [...]
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