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Prometheus Global Media to Acquire Mediabistro (FishbowlNY)
Thursday morning, Mediabistro announced that it has entered into a definitive agreement to sell its editorial and e-commerce assets to PGM-MB Holdings, LLC, a wholly-owned subsidiary of Prometheus Global Media, for $8 million cash. FishbowlDC As part of the deal, PrometheusGM will add to its portfolio mediabistro.com and editorial sites including FishbowlDC, FishbowlNY, TVNewser and PRNewser, as well as the Mediabistro Job Board, and Mediabistro’s education business.

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