BDG, the parent company of Bustle, Nylon and W magazine, has closed a funding round with participation from Medici Capital Partners, according to an Axios report.
The cash injection will be used to help the media company enact its turnaround strategy to lure wealthier readers by reviving the print edition of Nylon and by hosting high profile events such as its Art Basel activation last year.
”We’re doubling down on what’s working and…