Jupiter Media/Mediabistro Deal

From Techcrunch, I spotted this piece of news: Jupiter Media, a New York-based digital services firm, acquired the writing community Mediabistro for $23 million. To me this is interesting because mediabistro fills most, if not all, the needs an association would--including health insurance plans for its members. I have hung around the Mediabistro community enough to know they add real value. Jupiter media operates several other communities as well as this most recent addition.

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