HT&E closes down Techly and Lost at E Minor as Conversant Media folds into ARN
HT&E is to close Techly and Lost at E Minor as part of the group’s integration of Conversant Media into the ARN business.
The restructure will see Conversant Media’s other title, The Roar, survive with ARN claiming no jobs will be lost as a result of the sites’ closures.
No surprise here. Very logical move. They only would have bought it for The Roar (a great, simple business) and can write down other assets. Probably inflate their values as brands and get half the cash price back from the taxman.