The Edge buys Malaysian Insider

I always love these kind of news ❤

uppercaise

The Edge Media Group, publisher of business weeklies, has acquired online news site Malaysian Insider, broadening its media properties after buying into BFM business radio and setting up the FZ.com news site.

Edge chief executive Ho Kay Tat, announcing the purchase today, pointed to shared values and the fact that the Insider has the second highest traffic among local online news sites. “Our decision to invest in BFM and now to buy TMI was also driven by the fact that we share the same vision and editorial values to promote fairness, moderation and inclusive socio-economic development,” he said.

Insider editor Jahabar Sadiq, who will continue to head the editorial team, said: “We welcome {Edge Media’s} commitment to the same ethos that has made The Malaysian Insider a credible news portal since our inception in February 2008.”

Question mark over FZ.com

The question remains as to how the purchase of the…

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