WebMediaBrands' Mediabistro Announces Acquisition Of Twittercism.com Blog
New York, NY - February 24, 2011 - Mediabistro.com (a division of WebMediaBrands Inc., Nasdaq: WEBM) today announced that it has acquired the assets of the Twittercism.com blog from Shea Bennett. Mr. Bennett will continue working with and writing for Mediabistro. Terms of the acquisition were not disclosed.
"Shea Bennett has been covering Twitter for over two years on Twittercism and we will now combine his well-known analysis and commentary with our blog AllTwitter to create what we believe to be the most complete coverage of the evolution of Twitter and its rapidly expanding social media business model," stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. "We are excited to continue building on our leadership in covering the huge growth of social media through our various social media blogs including AllFacebook, SocialTimes, and AllTwitter, as well as our SocialTimesPro research service and social media events."
About WebMediaBrands Inc.
WebMediaBrands Inc. (Nasdaq: WEBM) (webmediabrands.com), headquartered in New York, NY, is a leading Internet media company that provides content, education, and career services to media and creative professionals through a portfolio of vertical online properties, communities and trade shows. The Company's online business includes: (i) mediabistro.com, a leading blog network providing content, education, community, and career resources (including the industry's leading online job board) about major media industry verticals including new media, social media, Facebook, TV news, sports news, advertising, public relations, publishing, design, mobile, and the Semantic Web; and (ii) a leading network of online properties, including BrandsoftheWorld.com and AdsoftheWorld.com, providing content, education, community, career and other resources for creative and design professionals. The Company's online business also includes community, membership, and e-commerce offerings including a freelance listing service, a marketplace for designing and purchasing logos, and premium membership services. The Company's trade show and educational offerings include conferences, online and in-person courses, and video subscription libraries on topics covered by the Company's online business.
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