Media consolidation continues: MediaBistro to JupiterMedia for $23 million
Consolidation continues across print and online properties.
Nine-year-old journalist watering hole Media Bistro, based in media battleground New York City, got bought by JupiterMedia for $23 million. This comes as media tycoon Rupert Murdoch gets closer to buying the Wall Street Journal parent, Dow Jones, and Google’s ad network extending owernership of newspaper advertising space.
Consolidation in media also means self-referentalism in the news. For example, Media Bistro’s arch-rival in New York media blogging, Gawker, snarks about… Continue Reading