The Digitalists

New Perspectives on New Media

Archive for June 25th, 2009

DHD website sold for $14M: Send finder’s fee check c/o The Digitalists

Posted by Daniel Granof on June 25, 2009

A bellwether for a digital economy turnaround?  Nikki Finke’s Deadline Hollywood Daily, which we featured only days ago, was sold for an estimated $14M to Mail.com this week, according to industry website TheWrap.  Coincidence?  I think not.  A mere mention on our venerable blog obviously would gild the site’s value by a factor of at least ten, so don’t we deserve some sugar?  No?  Okay, then we’ll settle for a good timing certificate.

So is this a legitimate benchmark for new media or an anomaly?  Seems like the latter.  Sharon Waxman from TheWrap had a great commentary on this issue three months ago: Read the rest of this entry »

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