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November 11, 2013 10:27 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/6mA7Qvega4E/
Vox Media Acquires Curbed Blog Network
The online media space took another major turn on Sunday evening with the announcement that Vox Media will acquire the Curbed Network, a trio of lifestyle blogs. The deal, worth something in the range of $20 to 30 million, according to Fortune, will bring the New York-based start-up’s blogs covering real estate, food and fashion under the same roof as SB Nation (sports), The Verge (technology) and Polygon (gaming)
“We’ve been under our own steam for a long time and we only ever raised a $1.5 million back in 2007, and the company’s been profitable since 2010,” Lockhart Steele, the founder of the Curbed Network, told Mashable Read more...
More about Deals, Startups, Business, and MediaOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/6mA7Qvega4E/
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