Zealot Networks Continues Active Growth With Largest Acquisition To Date, ViralNova
Top Digital Content Destination With 100 Million Monthly Visits Brings High Traffic Platform and Proprietary Publishing Technology to Zealot Networks
LOS ANGELES and NEW YORK, July 9, 2015 /PRNewswire/ -- Zealot Networks, a digital-first media and entertainment company that empowers creators and entrepreneurs, announced today that it has purchased leading social publisher ViralNova. The acquisition gives Zealot Networks a scalable digital publishing platform, proprietary underlying technology and significant audience for which it will create original programming.
Profitable since its launch in 2013, ViralNova continues to be a dominant player in the space and is on track to exceed $35 million in revenue in 2015. In addition, ViralNova averages 100 million monthly visits and has a large social following, including more than three million fans on Facebook. The company works closely with brands, agencies, and media partners to continuously develop the next generation of its content and advertising offerings.
"ViralNova provides us with a solid and profitable foundation for building our publisher network for which we can create original content, allowing those within and outside of Zealot Networks to reach engaged global audiences with creative solutions," said Danny Zappin, president and CEO of Zealot Networks. "The deal also allows our partner companies to leverage ViralNova's successful proprietary technology, 'Nova,' to better monetize and build audience for their clients."
ViralNova has developed scalable technology to drive long-term growth in the digital publishing arena, creating a proprietary CMS platform uniquely designed for effective and efficient social publishing. The company's Nova technology makes it easy for writers and editors to create different types of articles quickly, including video, listicle and long-form content, and the system enables content discovery and trend identification across the media universe for ViralNova editorial consideration.
"This move is driven by a shared vision of what it takes to grow a powerful organization in the digital publishing space with strong benefits for both companies moving forward," said ViralNova CEO Sean Beckner. "ViralNova is a proven entity on multiple fronts – delivering quality content, a dedicated community and innovative technology. Zealot receives a top-tier publisher and the technological foundation necessary to empower its portfolio of companies, and we can increase our already rapid rate of growth and bring added value for ViralNova partners."
About ViralNova:
ViralNova is the leading destination for the web's most fascinating, inspiring, and emotionally striking stories. Launched in May 2013 by viral content visionary Scott DeLong, ViralNova has more than 100 million monthly visits across mobile and desktop, and a dedicated social following of more than 3 million.
www.viralnova.com
About Zealot Networks, Inc.:
Zealot Networks, Inc. is a digital-first media and entertainment company that empowers entrepreneurs and creators. The company is poised to lead the next chapter in the ongoing evolution of digital media with its new holistic approach to connecting entrepreneurs with brands and like-minded communities based on transparency, ingenuity and experience. Zealot is a privately funded company led by a well-rounded, talented team who share the same values and vision: Co-founded by President and CEO Danny Zappin; CFO Bob Vanech; CSO Conn Fishburn and CMO Chad Seymour. For more information, please visit www.zealotnetworks.com.
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SOURCE Zealot Networks
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