Source:CenterNetworks
How off their acquisition of Stereogum and their rumored acquisition of Qloud, Buzznet has announced the acquisition of Alternative Music Community Absolute Punk today. Founded in 2000, Absolute Punk offers industry news, reviews, interviews and has a very passionate community. Financial terms of the deal were not disclosed.
Absolute Punk self reports 500,000 users per month and the Buzznet empire now reports over 10 million unique users per month. Compete shows lower traffic but remember that Compete is always off (usually lower) by some percentage and they only track U.S. traffic.
I believe we will see more of these blog rollups this year but with the sites still operating in a semi-independent state. This deal today allows Absolute Punk to get better quality ad deals and increases their exposure and distribution. And folks, blog distribution is key.
Partner Links
– Web Jobs
– NY Tech Directory
– CenterNetworks LinkedIn Business Group
– CenterNetworks Facebook Fan Page
– Purchase an Apple iPhone
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
This entry was posted
on Tuesday, May 6th, 2008 at 7:30 am and is filed under blogging, buzznet, Quick News, Acquisitions.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
