TMB Notches 110% Revenue Growth and Plans 100 Hires to Fast-Track OTT Ambitions

Its August acquisition of Jukin Media is part of its efforts to modernize

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Reader’s Digest publisher TMB, whose portfolio of more than 16 titles includes the brands like Taste of Home, grew revenue by 110% in 2021. Partly that’s thanks to its August acquisition of the user-generated content company Jukin Media. The publisher declined to share exact figures.

Revenue growth comes during a period of planned expansion and renovation from Trusted Media Brands, which rebranded to TMB in January. The publisher raised financing from its primary ownership groups, GoldenTree Asset Management and Empyrean Capital, to acquire video-centric Jukin Media, which houses brands like FailArmy and People Are Awesome.

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