Idolator

Universal Music Invests in Social Media Site Buzznet

Authored by Mark Hefflinger on April 17, 2008 - 8:13am.

Los Angeles - Confirming earlier reports, Universal Music Group announced on Thursday that it has made an equity investment in Buzznet, the music-focused social media site, and will share revenue with and be directly involved in developing editorial programming for the site. Financial details of the deal were not disclosed.

Gawker Media Sells Wonkette, Idolator, Gridskipper Blogs

Authored by Mark Hefflinger on April 14, 2008 - 10:23am.

New York - Gawker Media, the blog network that includes Gawker, Defamer, Gizmodo, Wonkette and Jezebel, announced on Monday that is selling its Idolator, Gridskipper and Wonkette sites. "To be blunt: they each had their editorial successes; but someone else will have better luck selling the advertising than we did," Gawker Media founder and publisher Nick Denton said in a post on Gawker.com.