Newsweek Acquires Adprime to Elevate Healthcare Media Strategy
Deal News | Jun 04, 2025 | Globenewswire
Newsweek, a globally recognized news and media platform, has acquired Adprime, a healthcare-focused advertising platform. This move aligns with Newsweek's long-term strategy to enhance its vertical capabilities within the healthcare sector. The acquisition integrates Adprime’s data-driven media solutions with Newsweek's editorial resources in healthcare. This is part of Newsweek’s broader aim to create a comprehensive health vertical encompassing editorial content, rankings, events, subscriptions, and now, enhanced advertising capabilities. Adprime will continue under the brand 'Adprime by Newsweek', maintaining its independent operations in the short-term while striving for deeper integration with Newsweek’s various teams in the future. Adprime's platform is significant in the healthcare digital campaigns space due to its advanced targeting systems that cater to both consumers and healthcare professionals while ensuring privacy compliance. This acquisition not only solidifies Newsweek’s position in the healthcare advertising realm but also offers a versatile toolkit for health advertisers by combining thought leadership with data-driven media delivery.
Sectors
- Media and Advertising
- Healthcare
Geography
- United States – Newsweek is based in New York, and the acquisition aligns with U.S.-based healthcare and advertising market strategies.
Industry
- Media and Advertising – The article discusses an acquisition in the media and advertising sector, highlighting Newsweek's strategy to expand its capabilities in healthcare advertising.
- Healthcare – Adprime specializes in healthcare-focused advertising, making it a key player in the healthcare industry, particularly in digital media targeting healthcare consumers and professionals.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Newsweek | Acquirer | Company | A global news and media platform enhancing its healthcare vertical. |
Adprime | Target | Company | A healthcare-focused advertising platform providing data-driven media products. |
Dev Pragad | CEO | Person | Owner and CEO of Newsweek, leading its strategic expansion. |
Rafal Chachura | CTO and Interim Head of Adprime | Person | CTO of Adprime, leading its integration into Newsweek. |
Danielle Varvaro | Chief Revenue Officer | Person | Newsweek's Chief Revenue Officer, focusing on expanding advertiser tools. |