Wednesday, August 16, 2006

IAC/InterActiveCorp Buys Its Own Piece of Web 2.0, CollegeHumor.com

The move, like News Corp.'s acquisition of MySpace last year, gives IAC the opportunity to reach a passionate, well-defined, and rapidly growing community of young people on their terms. "With its distinct brand of humor, CollegeHumor has emerged as a viral success with an enormously loyal audience among young adults,"

read more | digg story

2 comments:

  1. Any idea of what IAC paid for this?

    ReplyDelete
  2. Somewhere around $20 million.

    ReplyDelete