06 July 2009

Showbiz Blog Sells For Over $10M

Entertainment news blog Deadline Hollywood Daily has been purchased in a deal estimated to be in excess of $10 million (£6.2m).

The 24-7 breaking news blog is written by established showbiz journalist Nikki Finke and is now owned by Mail.com Media Corporation.

According to the Guardian, newspapers have received tip-offs that the purchase price stands somewhere between $10m and $15m.

Breaking the news of the landmark deal on DHD, Finke assured loyal readers that the blog would retain its editorial independence.

“Know this: I did not sell out. I really meant it when I said that DeadlineHollywood Daily.com will continue to be an independent editorial voice – and I would retain complete control over everything reported on the website - so that DHD’s credibility with its readers could remain intact.”

She added that new infrastructure and resources means the site will now expand to cover east-coast entertainment news, with a New York-based reporter set to join the ranks soon.

Finke, who has worked for Newsweek and the LA Times among others, first wrote DHD as a column for LA Weekly before starting the website.

Labels: , ,


Post a Comment

Links to this post:

Create a Link

<< Home

Subscribe to JP Digital Digest by Email Add to Technorati Favorites