Olive Media buys Rosebud Media
By Adnews Staff
Toronto-based Olive Media has acquired Montreal-based Rosebud Media, a company that operates a collection of French-language websites in Quebec. Rosebud will now operate under the Olive Media. Former owner Nathalie Moride will remain involved in the firm in an unspecified capacity. Rosebud's websites include AuFeminin.com, Doctissimo.com, Teemix.ca, Momes.net, Magicmaman.com, TaSante.com, Skyrock.com, Ados.fr, Caradisiac.com and Autodeclics.com. According to the company, they attract approximately 3.4 million unique visitors per month. "This is a very important milestone in Olive Media's growth and one that will allow us to provide even greater opportunities for our clients," said Simon Jennings, president of Olive Media. "Nathalie's professional leadership and industry know-how has enabled Rosebud Media to develop a relationship of trust with advertisers looking to reach Canadians on premium French content. We look forward to continuing to grow the brand." No financial details are available.