Hollywood Reporter-Billboard Media Likes Sound of SpinMedia’s Music Brands

The acquisition will boost revenue to more than $100 million a year, expand its online audience to 45 million readers a month and strengthen its reach to millennials. The media group that operates both The Hollywood Reporter and Billboard magazine announced on Thursday that it has agreed to acquire four of SpinMedia ‘s music assets, including some of the most storied music brands: Spin , Vibe , Stereogum and Death and Taxes .