Skift Take

Red Ventures had better keep publishing the print guidebooks or it'll face an uproar among a segment of diehard travelers.

Red Ventures, an owner of digital businesses, has acquired Lonely Planet, a leading global travel media company, from NC2 Media. The companies didn't disclose the deal terms. Skift's "back-of-the-envelope" estimate is the deal is in the $50 million range, likely all cash. A ba