We are proud to announce that our client, Punchbowl News, has successfully acquired data software company Electo Analytics. Punchbowl News, a subscription-based digital news service, was founded in 2021 by former Politico correspondents Jake Sherman, Anna Palmer, John Bresnahan, and Rachel Schindler. Since its inception, Punchbowl has become widely known for breaking news stories such as the Capitol riot, the death of Senator Dianne Feinstein of California, and the ouster of Speaker Kevin McCarthy.
Punchbowl News bolsters its expansion strategy with the acquisition of Electro Analytics, a company specializing in comprehensive legislative data analysis. This strategic move positions Punchbowl to enhance its subscription-based services by seamlessly integrating Electro Analytics' data, providing readers with even more insightful content.
SA&M attorneys advising Punchbowl News on the transaction were Greg Akselrud, Gary Chen, and Jonathan Simmons.
New York Times’ coverage of the transaction can be found here.
For more information about SA&M’s Internet, Digital Media & Entertainment Practice, click here.