Former Vanity Fair editor Graydon Carter and NBCUniversal vice chairman Ron Meyer were among the app's investors
Billboard-Hollywood Reporter Media Group has acquired startup news app Zig.
The Valence Media-owned company invested in Zig in October 2018, joining an existing investor roster that included former Vanity Fair editor Graydon Carter, NBCUniversal vice chairman Ron Meyer and Quincy Jones.
"The team at Zig understands and shares our passion for putting artists first and we’re excited to bring this innovative technology in-house to contribute to our existing and future product strategy," said Deanna Brown, president of Billboard-Hollywood Reporter Media Group. Terms of the deal were not disclosed.