Altitude Investments buys into Nation Network
By Adnews Staff
Financial company Altitude Investments has acquired a 20% ownership stake in the Nation Network, an Edmonton-based content development and digital media firm. Nation Network specializes in hockey content and operates 15 websites including OilersNation.com, CanucksArmy.com, TheLeafsNation.com, Puckpedia.com, HockeyFights.com and DailyFaceoff.com. The company will use its new funding to expand its operations in Canada, the US and Europe.
“We are entering into a period of fast growth for our business, focusing on US markets and growing our audience in Europe,” said Nation Network co-founder Jay Downton. “Our community of hockey fans continues to grow and we look forward to finding ways to engage hockey fans all around the world. We are thrilled with this partnership and we hope to be entering into another agreement soon with a major US media company to supercharge our growth. We value Altitude Investments’ track record of success and look to their guidance as we go forward as two Edmonton companies working together.”