Adweek Parent Prometheus Buys Mediabistro Editorial Assets

Includes about 25 sites

PGM-MB Holdings, LLC, a wholly-owned subsidiary of Prometheus Global Media, reached a definitive agreement to acquire a large portion of Mediabistro Inc. The purchase price is $8 million in cash.

The acquisition includes all of Mediabistro’s existing editorial and content sites (about 25 digital properties, of which a detailed list is below) and their various e-commerce, jobs/careers and education platforms. This deal, subject to stockholder approval, is expected to close in late July.

Prometheus Global Media owns and operates influential media brands Adweek, The Hollywood Reporter and Billboard, as well as the Clio Awards and Film Expo Group. 

The properties acquired include:

Mediabistro

AgencySpy

PRNewser

Lost Remote

TVNewser

TVSpy

10,000 words

FishbowlNY

FishbowlDC

Galleycat

Creative Bits

Graphic Design Forum

Graphics.com

LiquidTreat

Unbeige

Allfacebook.com

All Twitter

Inside Facebook

Inside Mobile Aps

Inside Social Games

AppNewser

Social Times

MediaJobsDaily

Ads of the World

Brands of the World

StockLogos

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