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Tuesday July 16, 2019


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WebMediaBrands Acquires Inside Network For $14 Million

NY based WebMediaBrands, which owns mediabistro.com, has purchased Inside Network for roughly $14 million. The deal is a roughly half cash and stock.

Inside Network, which was founded in 2006 and publishes several news sites, is best known for its flagship site Inside Facebook, which publishes in-depth news about the social media network.  According to GigaOm, the “acquisition gives WebMediaBrands a very strong stable of writers and analysts, as well as giving the company an even bigger presence on the West Coast.”

GigaOm

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