It might not be official, but apparently, News Corp. has acquired Beliefnet.com, the NYC-based multi-faith community site which was launched in December 1999. Apparently, the site boasts over 3.1 million unique visitors a month and has been profitable since October 2002. It previously had raised $7 million from Softbank Capital in 2005.
After a few almost sleepless nights and a lot of help from other members of our team we were finally able to release the first beta version of our new website valuation tool. This tool is a free online web site value calculator that can help you find the value of a website you want to sell or… Read More »
Hi-Media Group today acquired of Fotolog.com. Hi-Media is a diversified European pure play Internet company that includes advertising, and micro-payment services. Fotolog was launched in May 2002, added 3 million members in August 2007, and passed 13 million members. It receives over 16 million unique visitors per month, 3.9 billion page views and has 350 million pictures posted. … Read More »
American Greetings Corporation and PhotoWorks, Inc. which operates photoworks.com and was formerly known as Seattle Film Works, announced that they have entered into an agreement whereby American Greetings will acquire PhotoWorks for approximately $26.5 million. PhotoWorks is an online photo sharing and personal publishing company that allows consumers to use their digital images to create quality photo-personalized products… Read More »
There is no established formula for the valuation of a web site. However, there are several factors to consider when valuing a website. These items are discussed more fully in our website valuation article, but we wanted to provide you with a brief summary: A. Profits and Cash Flow (This is really revenue minus costs) 1. Source of… Read More »
Business.vn, Inc., a Nevada corporation, which specializes in providing online marketing for the travel/tourism, import/export industries, has signed a Letter of Intent to acquire assets from Ho Chi Minh City based Business.com.vn, Inc., a Vietnamese Internet marketing and software development company which owns the Hotel sites www.Hotels.vn and www.Hotels.com.vn, 250 hotel participation contracts, a directory of 4,500 Vietnamese… Read More »
