{"id":23,"date":"2007-02-08T07:04:21","date_gmt":"2007-02-08T11:04:21","guid":{"rendered":"http:\/\/blog.websitebroker.com\/acquisitions\/handheld-entertainment-acquires-putfilecom"},"modified":"2011-12-11T22:44:06","modified_gmt":"2011-12-12T02:44:06","slug":"handheld-entertainment-acquires-putfilecom","status":"publish","type":"post","link":"https:\/\/www.websitebroker.com\/articles\/acquisitions\/handheld-entertainment-acquires-putfilecom","title":{"rendered":"HandHeld Entertainment Acquires Putfile.com"},"content":{"rendered":"<p><span class=\"latest_news_title\"><a href=\"http:\/\/sanfrancisco.dbusinessnews.com\/shownews.php?newsid=106846\">HandHeld Entertainment Acquires Putfile.com<\/a> for $7.1 Million <\/span>($1.08 million in cash and approximately $6.0 million in HandHeld Entertainment  common stock)\u00a0 a<span class=\"latest_news_title\">nd  Increases Audience to More Than 13.7 Million Unique Visitors and 83 Million Page  Views.\u00a0 <\/span>Putfile.com is a leading free digital media service featuring user-generated  content.<\/p>\n<p><!--more--><\/p>\n<p>Under terms of the acquisition, HandHeld Entertainment paid $500,000 in cash at  closing for Putfile.com, and approximately $580,000 payable during the next 12  months in equal monthly payments, plus 2,092,050 shares of restricted common  stock, which may be sold in 1\/12th increments per month during the next 12  months.<\/p>\n<p>Putfile.com highlights include: More than 9.5 million unique visitors during  January 2007; more than 61 million page views in January 2007; more than  1.4 million registered users (as of today); more than 80,000 creative media  uploads to its Web site last week alone (pictures, videos, flash media  animations, etc.); more than 408,000 user-generated videos available for  free online viewing (as of today); and an Alexa ranking of 1,093.<\/p>\n<p>HandHeld also owns: Dorks.com (acquired November 14, 2006); FunMansion.com (acquired December 1,  2006) and  YourDailyMedia.com (acquired December 18, 2006) .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HandHeld Entertainment Acquires Putfile.com for $7.1 Million ($1.08 million in cash and approximately $6.0 million in HandHeld Entertainment common stock)\u00a0 and Increases Audience to More Than 13.7 Million Unique Visitors and 83 Million Page Views.\u00a0 Putfile.com is a leading free digital media service featuring user-generated content.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[36],"_links":{"self":[{"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/posts\/23"}],"collection":[{"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/comments?post=23"}],"version-history":[{"count":1,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/posts\/23\/revisions"}],"predecessor-version":[{"id":610,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/posts\/23\/revisions\/610"}],"wp:attachment":[{"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/media?parent=23"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/categories?post=23"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.websitebroker.com\/articles\/wp-json\/wp\/v2\/tags?post=23"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}