I’m excited to announce today that we’ve been acquired by WebMediaBrands (NASDAQ:WEBM), (see Techcrunch and AlleyInsider) the company behind mediabistro.com, learnnetwork, freelanceconnect, and semanticweb. While we’re not disclosing the financial details of this transaction, with WebMediaBrands we now have the ability to accomplish what I first hoped to when I started Social Times a little over two years ago. Not only do they bring resources, but they also have an experienced team that will help instantly scale the Social Times media business.
I want to thank all of the sponsors, readers, and all other supporters over the past two and a half years. Also thanks to the writers that have helped us grow and Jesse Thomas of JESS3 who was the Creative Director and making sure we had all our stuff together at our conferences! This is not the end of Social Times though, this is just the beginning of a new phase. Over the coming weeks and months you should see a number of new writers posting on our sites, new event announcements, and possibly some new websites as well. The bottom line is we’re dedicated to covering the entire social web economy.