In February 2016, Saban Capital Group acquired a minority stake in BDG Media, Inc. (“Bustle”) as the lead investor in Bustle’s Series C financing round. Bustle is a leading female millennial-focused online media company covering topics including beauty, food, entertainment, and new moms. The company was founded by CEO Bryan Goldberg, who formerly co-founded Bleacher Report, an online sports media company sold to Turner in 2012. Bustle is headquartered in New York.