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Hearst Magazines Acquires MotorTrend Group, Expanding Automotive Media Portfolio

PRIVATEDec 12, 2024

Acquiring Company

Hearst Television

Acquired Company

MotorTrend Group

New YorkUnited StatesMedia And EntertainmentPublishingAutomotive

Description

Hearst Magazines, the owner of Car and Driver, Road & Track, and Popular Mechanics, has announced the acquisition of MotorTrend Group. This strategic move marks an unprecedented consolidation in the automotive media world and significantly expands Hearst's automotive media portfolio, including brands such as MotorTrend, Hot Rod, Roadkill, and Automobile.

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Company Information

Company

Hearst Television

Location

New York, New York, United States

About

Hearst Television is a major television and media company. It owns and operates numerous television stations and provides content through various media platforms. Hearst has a rich history in media, dating back to the 19th century. It is known for its diverse portfolio and commitment to quality programming.

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Frequently asked

Who acquired MotorTrend Group?

MotorTrend Group was acquired by Hearst Television, based in New York. The deal was reported on December 12, 2024. Hearst Television is a major television and media company. It owns and operates numerous television stations and provides content through various media platforms. Hearst Television is privately held and operates in Media And Entertainment.

When did Hearst Television acquire MotorTrend Group?

Hearst Television's acquisition of MotorTrend Group was reported on December 12, 2024. Hearst Magazines, the owner of Car and Driver, Road & Track, and Popular Mechanics, has announced the acquisition of MotorTrend Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MotorTrend Group do?

MotorTrend Group is the largest automotive media company in the world. With franchises including MotorTrend, HOT ROD, Four Wheeler, Top Gear America, Roadkill, and dozens of other world-class brands, we are reimagining storytelling around mobility. It is privately held, operating in Automotive, and is based in United States.

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