Jupitermedia buys mediabistro.com for $23 million

By David Johnson 

If you ask mediabistro’s founder and cyberhostess Laurel Touby how she’s sleeping at night, her answer today may be “On a large pile of money.” Jupitermedia just laid down $20 million in cash and some change over the next couple of years to buy her out (NYT). The fabulous Ms. Touby will stay on board as Senior VP. Congratulations to a true Internet success story with a very happy ending and a promising new beginning.

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