Updated September 30, 2018 07:19:53Blue Bag Media’s new media deal with Rebel, the Rebel Media news media platform, comes as the company aims to broaden its reach into new markets and new genres.
The new partnership will see Blue Bag and Rebel launch new publications such as Rebel Media: a new news platform for young people, a digital news and information platform for millennials, and a multimedia magazine.
It also will see the two companies create a new content platform for Rebel Media’s news and video audience, with Blue Bag acquiring Rebel Media in 2016.
The deal is the latest example of Blue Bag’s willingness to explore new platforms, including the acquisition of popular news site TheRebel.com in 2018.
The site was sold to The Daily Beast for $2 billion.
“Blue Bag is committed to delivering news that speaks to our audience, and that is inclusive of every point of view, as well as all the perspectives, opinions, and experiences,” said Blue Bag CEO Ben Cohen.
“This is an exciting time for our company and we are proud to be working together with the Rebel team and the passionate Rebel community.”
In addition to its news and digital magazine, Blue Bag will be publishing a digital magazine in 2018 called Rebel News.
The Rebel magazine will feature a diverse range of news and opinions, from stories about politics to personal stories from a diverse group of people.
Blue Bag is working with Rebel to bring this diverse range to the Rebel platform, which will be accessible to the masses.
Blue Bag also announced it will invest $50 million to expand its content operation and content management capabilities.
The new investments will allow Blue Bag to create and produce the Rebel content on a global scale.
“Rebel has a massive digital audience,” said Dan Schulman, President and Chief Executive Officer of Blue Balances.
“The Rebel team is passionate about creating the best and most engaging news in the world, and we believe that this is an opportunity to create a world where the best of Rebel’s content is shared by everyone.”
Rebel is the leading news and media platform for the millennial generation, with an audience of more than 12 million people.
Its platform reaches over 10 million unique visitors each month.
Rebel’s success in growing its audience is also attributed to the growing role of millennials in the news and news media landscape.
Rebel’s digital content reaches a growing number of audiences.
Its reach is now on par with major networks, including CNN and ABC, and it is more than double the reach of traditional networks.
In 2017, Blue Balancing reported that the platform has reached more than 20 million unique viewers.
“Millennials are increasingly aware of their role in the new digital news ecosystem, and they are increasingly demanding access to diverse content from the likes of Blue Bags and Rebel,” said David P. Cohen, President of Rebel Media.
“Blue Bag’s ability to create content and reach an audience that’s a fraction of the audience Blue Balancers is is testament to the strength of its audience.”
The deal with Blue Balenders will enable Blue Bag shareholders to benefit from a higher percentage of the revenue from Rebel Media for the next five years.
Blue Balancer’s current share price is $6.15, with a target price target of $8.25 per share.
Blue Bands shares are up more than 16% this year and have climbed over 60% since its initial public offering in 2017.
The company is privately held.