The News Lens takes a big step for Asian indie media with its first acquisition
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Founded four years ago to reach millennials disenchanted with Taiwan’s scandal-obsessed media, The News Lens is growing up fast. The Taipei-based company announced it has agreed to buy Inside, one of Taiwan’s best-known technology news sites. Not only is this The News Lens’ (known as TNL) first acquisition, but founder and chief executive officer Joey Chung says it also makes TNL the first digital media startup in Taiwan to buy another one. He believes it heralds a wave of consolidation among online-first publishers in Asia that will quickly give them the same reach as legacy media companies.
“Founded four years ago to reach millennials disenchanted with Taiwan’s scandal-obsessed media, The News Lens is growing up fast. The Taipei-based company announced it has agreed to buy Inside, one of Taiwan’s best-known technology news sites. Not only is this The News Lens’ (known as TNL) first acquisition, but founder and chief executive officer Joey Chung says it also makes TNL the first digital”Source
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