Facebook recently made major changes to its News Feed algorithm that are expected to shrink publishers' online audiences. But it's helping publishers in other ways. In October, the company began a test to support paywalls in Instant Articles, letting publishers process payments directly and keep all of the revenue. In February, Facebook announced a program to help metro papers build subscriptions.
How does it help SPCL shareholders if Google or some other company buys PixelMags? It does not as Pixelmags continues to operate as an independent entity. SPCL share holders be still be empty handed.