CBS Shells Out $10M For Celeb Gossip Site

digg Share this on Facebook Huffpost - CBS Shells Out $10M For Celeb Gossip Site stumble reddit del.ico.us RSS


First Posted: 10-11-07 08:53 PM   |   Updated: 03-28-08 02:45 AM

I Like ItI Don’t Like It
Read More: Cbs, Celebs, Dotspotter, Gossip Sites, Internet, Web, Web Site, Media News
2007-10-12-CBS.jpg

The Guardian (U.K.)'s Digital Content blog:

CBS appears to have the Web 2.0 blug. First it bought Wall Street video blog Wallstrip in May of this year. Then it bought social music site Last.fm, and now it has bought a 10-month old celebrity gossip blog Dotspotter for a slightly staggering $10 million. PaidContent said:

The price seems pretty high for a sector which is saturated with more high profile celebrity blogs/sites like TMZ.com, PerezHilton, and others...and, of course, the fact that the site was only launched mid-January this year.

Read the whole story: The Guardian (U.K.)'s Digital Content blog

Filed by Max Follmer  |  Report Corrections
 
Comments
0
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect