WebMediaBrands Announces Acquisition Of Rotorblog.Com
(New York, NY - March 22, 2010) - WebMediaBrands Inc. (Nasdaq: WEBM) today announced that it has acquired the assets of Rotorblog.com. Rotorblog was created in 2006 to cover the social media space. It currently attracts approximately 200,000 unique visitors a month. Terms for the acquisition were not disclosed.
"Rotorblog will be a terrific addition to our stable of blogs covering the social media space," stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. "In recent months we also acquired the blogs All Facebook and Social Times along with a variety of trade shows dealing with social gaming and media topics."
About WebMediaBrands Inc.
WebMediaBrands (www.webmediabrands.com), headquartered in New York, NY, is a leading blog network which provides content, education, jobs, and events for business, media, and creative professionals. The company's brands include mediabistro.com, LearnNetwork, Graphics.com, AdsoftheWorld.com, BrandsoftheWorld.com, SocialTimes.com, AllFacebook.com, Freelance Connect, Semantic Web, and others.
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