Source:CenterNetworks
Glam Media has announced the acquisition of UK-based Monetise today. Monetise is an online media sales company founded three years ago. Monetise currently represents companies including: Flixster.com, TVGuide.co.uk, and ARTISTdirect.com. Terms of the deal were not disclosed.
The WSJ has more details on the acquisition which include a note that the company expects to bring in $25 million to $45 million of U.K.-based ad revenue next year. Overall, Glam expects $100 million in revenue in 2008, growing to $250 million to $350 million next year.
Back in February, Glam Media launched Glam International to focus on markets outside the U.S. Today’s acquisition fits nicely with their plan.
Partner Links
– Manage your finances online with Geezeo
– Web Jobs
– CenterNetworks LinkedIn Business Group
– CenterNetworks Facebook Fan Page
– Check out SmugMug for a free trial
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, June 17th, 2008 at 9:31 am and is filed under Quick News, Acquisitions, London, Glam Media.
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.
