Most interesting media SPACs to watch in 2021 - Business Insider

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SPACs are circling the media sector. Here are 11 high-profile blank-check companies to watch in 2021.

"You have to be a big and credible name to be able to raise institutional capital to do it," said Chris Cunningham, founder of investment firm C2 Ventures. "A SPAC has to be tied to a healthy business."

"The attention economy ecosystem is highly fragmented with hundreds of content owners and creators, publishing and distribution platforms and other companies providing enabling technologies and services to other industry participants and consumers, many of which are privately owned," the SPAC says "[Ergan] really knows what he's doing with combining media, telecoms and technology ... the full stack," said Igor Shoifot, investment partner at TMT Investments, a publicly traded investment firm. "[Conx] can create a tremendous media conglomerate."

 

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