Mamamia appoints KPMG to sound out investors
Mamamia is on the hunt for investors having appointed KPMG to sound out interested parties, including international and local publishers.
The women’s publisher confirmed to Mumbrella the process had begun, and was expected to take between three to six months to complete.
It is understood Mia Freedman, co-founder and content director of Mamamia, and Mamamia executive chairman Jason Lavigne have been approached by an international player in recent weeks and decided the timing was right to seek investment in the company.
There was Mamamia Shopping, ivillage, the motherish, the glow, debrief daily, flo and frank, Harry something … it all feels as chaotic as Mia’s clothing choices.
How about trying to make Mamamia a respected player instead of desperately flitting from one failure to another in an attempt at worldwide media embarrassment.