You will be redirected back to your article in seconds

Chrysalis writes off $14.1 mil from new-media ventures

Business Brief

Chrysalis Group has said it will write off £9.6 million ($14.1 million) it invested in new-media ventures.

The TV-to-radio-to-music company’s share price fell 12% on the news. Chysalis said it would only continue to fund Rivals, its successful sports U.K. Web site.

More Digital

More From Our Brands

Access exclusive content