mediabistro.com Gets Snapped Up By Jupitermedia
Well consider us consolidated. mediabistro.com, the folks that cut our checks, has been acquired for a cool $23 million by Jupitermedia, the folks that cut at least some of our other checks:
Laurel Touby turned her popular cocktail parties into a high-traffic Web site for job-seeking media and creative professionals. Yesterday, she sold Mediabistro.com, the company that sprang from those mixers, for $23 million.
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, which is based in New York City.
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