MSNBC.com acquires Newsvine
MSNBC.com acquires Newsvine. Newsvine is a site that pioneered the social media and participatory news space. Offerings include contributor columns, user profiles, group commenting and conversation tracking.
Category Archives: Acquisitions
Discovery Communications acquires TreeHugger.com
Discovery Communications, parent company of the Discovery Channel, acquired the “green blog” TreeHugger.com for a reported $10 million. The site reaches approximately 1.7 million uniques a month and is ranked around 7000 by Alexa. The site has about a dozen staffers and it’s content is contributed by over 40 writers around the world.
Disney acquires Club Penguin
Disney acquires Club Penguin, in a deal that could total $700 million. Disney said it would pay $350 million for Club Penguin, a virtual community that has soared in popularity since its founding in late 2005. More than 700,000 users now pay $5.95 a month to customize penguin characters and then chat and play games with other “penguins.”… Read More »
R.H. Donnelley Corporation acquires Business.com
R.H. Donnelley Corporation, a leading Yellow Pages and online local commercial search company, announced that it has signed a definitive agreement to acquire Business.com, a business search engine and directory and pay-per-click advertising network. Under the terms of the agreement, Business.com would be acquired for $345 million in cash and deferred purchase consideration. The deal is expected to… Read More »
Local.com acquired PremierGuide.com
Search engine Local.com acquired online business directory provider PremierGuide.com for approximately $2 million.
Mediabistro.com sold to Jupitermedia Corporation
Mediabistro.com a Web Site for job-seeking media and creative professionals is sold for $23million. The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $20 million in cash and an additional $3 million over two years for the company. Employers pay to post jobs on the site, which also offers premium content… Read More »