The BeBop Channel, which focuses on jazz, dance, and theater, has purchased Madavor Media, which owns multiple photography publications including Outdoor Photographer and Imaging Resource.
File this one as a story that flew under the radar, but the purchase of Mavador by BeBopis named as one of the primary brands of the acquisition, BeBop’s press release reads as more excited about snapping upAs Madavor was not publicly traded, the value of the acquisition was not disclosed. However, BeBop Channel says that the acquisition vastly increases its revenue by about 1,800%, or over $6 million, annually.
BeBop is now the parent company of Madavor, which it categorizes as a wholly-owned subsidiary.
BeBop was also the first Jazz company to go public, and it describes itself as particularly focused on continuing that legacy as well as “building a home” for dance and theater.
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