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Wikia, Inc.'s FANDOM Announces Investment Led by Media Veteran Jon Miller
SAN FRANCISCO, Feb. 20, 2018 /PRNewswire/ – Wikia, Inc.'s FANDOM announced today that it has signed a definitive agreement for an investment from TPG-backed media and technology veteran, Jon Miller. The transaction is expected to close in March and is subject to customary closing conditions. Additional terms of the transaction were not disclosed.
The investment will provide Wikia, Inc. with industry-leading resources and significant operating and growth capital for the market-leading FANDOM brand. As part of the investment, Miller will join Wikia, Inc. as Co-chairman with current Chairman and Founder Jimmy Wales. Miller brings a history of leadership at media and technology companies such as IAC, AOL, Viacom, and News Corporation and Fox Inc., where he most recently served as Chief Digital Officer and Chairman and CEO, Digital Media Group of News Corporation. Wales is also founder of Wikipedia and founder, Chair Emeritus and Board Member of The Wikimedia Foundation.
About TPG
TPG is a leading global alternative asset firm founded in 1992 with approximately $79 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG's investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com.
https://www.prnewswire.com/news-releases/wikia-incs-fandom-announces-investment-led-by-media-veteran-jon-miller-300600947.html