Archive for February, 2008

Media General agrees to buy DealTaker.com

Tuesday, February 26th, 2008

Media General announced that it has signed an agreement with NARAE Enterprises, Inc. to acquire DealTaker.com, an online social shopping portal that offers consumers an array of bargain hunting, posting and comparison opportunities. The transaction is expected to be completed in the second quarter of 2008. DealTaker.com was founded in 2004 and has more than 100,000 registered members as well as relationships with 1,500 affiliated retail businesses. The Web site provides coupons, rebates and bargains, many of them exclusive to DealTaker.com. It currently has more than 400,000 unique visitors per month.

Terms were not disclosed.

CraveOnline.com Buys GameRevolution.com

Tuesday, February 26th, 2008

CraveOnline.com, a lifestyle destination for men, has acquired dominant gaming site, GameRevolution.com which was started in 1996, continuing to support CraveOnline’s position in the highly competitive online male youth market. The acquisition will also expand AtomicOnline’s  family of niche properties that allow users to dive deep into specialized content.

As one of the fastest growing destinations on the web with sites like ComingSoon.net, Sherdog.com, ActionTrip.com, Superherohype.com and SpikedHumor.com. CraveOnline attracts nearly 26 million unique visitors per month.

Internet Brands Acquires Nine Sites

Friday, February 22nd, 2008

Internet Brands, which did an IPO in November of 2007, acquired nine new websites. Eight are online auto enthusiast communities and one is a community site for dog lovers. The sites include the following auto related site: 6SpeedOnline.com, Rennlist.com, G35Driver.com, MyG37.com, My350z.com, ZDriver.com, NorthAmericanMotoring.com andScoobyNet.com.

Internet Brands also acquired PuppyDogWeb.com. The site is one of the largest content providers for dog lovers and includes listings from thousands of private dog breeders across the United States. 

The newly acquired sites contributed to increasing the companys monthly unique visitors to 29.1 million and monthly page views to 435 million in January 2008. This compares to 26.8 million unique visitors and 343 million page views in December of 2007.

MTV Networks Acquires Babunga

Tuesday, February 19th, 2008

Nickelodeon/ MTV Networks has acquired Babunga, a network of niche websites that reach out to the parenting crowd. Babunga includes BabyNamesWorld.com, 3DPregnancy.com, WikiParenting.com, and PetNamesWorld.com. MTVN already had ParentsConnect, which is a community that the network launched in 2006.