Archive for March, 2008

 

Wednesday, March 26th, 2008

ESPN has acquired Seattle-based Hoopgurlz.com, a girls-focused basketball which reports on high school and college basketball, offers tournament listings, player profiles, message boards, player blogs and other community centered features. The acquisition is part of ESPN’s online expansion. Terms of the deal were undisclosed.

Wednesday, March 26th, 2008

A few months ago I came across a website for sale on WebSiteBroker.com. According to the information in the listing, the site was getting about 1000 visitors a day and was making about $250 a month selling a downloadable e-book. The seller wanted $7500 for the site. I took a look around and got excited.

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Monday, March 24th, 2008

Poker supplies web site Poker Stars Direct http://www.pokerstarsdirect.com was acquired by Brian Garvin and Jeff West. Terms of the acquisition were not disclosed.

Friday, March 14th, 2008

AOL has announced that it is acquiring social network Bebo for $850 million in cash. Bebo has about 40 million members. Bebo is especially popular in the UK, Ireland and New Zealand and has over 100 staff across its London, San Francisco and Austin offices. In January 2008, Bebo had 22.4 million unique visitors worldwide with visitors averaging more than 3 hours and 30 minutes on the site during the month. 4.8 million unique U.S. visitors came to Bebo in February 2008.  Bebo’s revenues for 2006 were $7 million with $3 million in EBITDA. In 2007 revenues were $20 million with $5 million in EBITDA.

Saturday, March 8th, 2008

It was reported that Gazprom Media, which is part of Russia’s gas giant Gazprom, has purchased a majority stake in Russia’s youTube equivalent RuTube, valuing the video upload site at about $15 million. Russian analysts think the site, which claims 5.5 million visitors a month was overvalued.