Graham Holdings sells Web publication The Root

|About: Graham Holdings Company (GHC)|By:, SA News Editor

Graham Holdings (GHC -1%) has sold The Root, its online magazine focused on African American audiences, to Univision's La Fabrica.

The Root was launched by Donald Graham and Henry Louis Gates Jr. in 2008 and was part of GHC's Slate Group of digital publications.

Graham's "Other Businesses" category, which includes its digital publications, has been ramping up in revenue in recent quarters (up 153% to $63.3M in Q1), though that also includes the company's healthcare/hospice businesses, a space in which GHC has been acquisitive over the past year.

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