A major shakeup of the urbanism media landscape was announced this week.
"Bloomberg Media intends to purchase CityLab, a brand from The Atlantic that was created in 2011 as a standalone website devoted to covering cities and how they are innovating for the future," reports Sara Jerde.
The announcement represents the second media shake up in the urbanism realm in recent weeks, after Vox Media closed shop at local Curbed sites in D.C., Seattle, New Orleans, and Philadelphia.
Michael Bloomberg, Bloomberg founder, CEO, and majority owner, recently announced a run for the presidency, prompting Bloomberg media companies to promised to stay out of the Democratic primary. As a further complication, Bloomberg Philanthropies is active in smart city and sustainability philanthropy.
"The transaction is expected to close by the end of the year, and financial terms of the arrangement were not made public," according to Jerde.
FULL STORY: Bloomberg Media Makes First Acquisition in 10 Years, Secures CityLab From The Atlantic
States to Train Public Health Armies to Move Beyond Mitigation to Containment
As some governors open nonessential businesses, subjecting workers and customers to potential viral infection, others move beyond social distancing to the next steps, boxing in the coronavirus with testing, contact tracing, isolation, and quarantine.
Michael Bloomberg Launches $500 Million 'Beyond Carbon' Campaign
The "War on Coal" is back, in the form of a new grassroots political campaign bankrolled by Bloomberg Philanthropies to decarbonize power generation by targeting existing coal power plants and halting the growth of natural gas replacements.
Bloomberg Launches Accelerator for Local Climate Action
The American Cities Climate Challenge seeks to green the carbon-heavy transportation and building sectors.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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