Sunday, July 11, 2021
Laura McGann, former politics editor of Vox.com and Politico, and Mark Bauman, previously with the Smithsonian, National Geographic and ABC News, are teaming up to launch a yet-to-be named media company, reports Axios.
The pair, continues the exclusive Axios post, has already raised more than $10 million in a series A funding round from two investors: One is a U.S.-based individual that the company declines to name; The second is International Media Investments, a UAE-based fund that has a minority stake in Euronews, Europe’s top international news network, Sky News Arabia and others.
The company has already hired about two dozen people, with roughly half contributing to editorial operations. Two of the company’s editorial hires include Kay Steiger, former Washington editor for Vox.com, and Tom Nagorski, formerly the COO of the Asia Society and managing editor of ABC News.
The company has 22 job openings and hopes to have at least 60 people on staff by year’s end.
More here.
(Photo: Laura McGann and Mark Bauman. Photo by Perrin Doniger, SVP digital of the new startup.)
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