Media Money

According to Ad Age, a popular media industry site could fetch upwards of 20 million dollars in a sale.

Mediabistro, the networking, jobs and news website for journalists, PR people and other communications pros, is on the block, according to several people familiar with the discussions. Several suitors, including media companies and employment web sites, are said to be in the bidding for the company.
Media-focused investment bank DeSilva & Phillips is handling the sale process, which is expected to wrap up by September.
The company’s revenue comes from job ads that cost $229 pop, classes that can run upward of $600, and membership fees of $49 a year.

I recently placed a classified “want” ad for a Content Manager on MediaBistro and it worked. In fact, all the top candidates for the job came through MediaBistro.

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About David Burn

Native Nebraskan seeking the perfect pale ale in the Pacific Northwest. Copywriter and brand strategist at Bonehook. Co-founder and editor of AdPulp.

  • Nancy

    recently placed a classified “want” ad for a Content Manager on MediaBistro and it worked. In fact, all the top candidates for the job came through MediaBistro.
    Personally, I think the whole hiring and gettin-work process a bit dated and could be more candid. Yes, the message mode has changed, but not much else in the process.
    When is this part of the world gonna be flipped upside down?
    As much as consumer generated content has flipped?

  • http://adpulp.com David Burn

    You want candid? I’m the right person to ask. Candid is 95% of the candidates for the job sent me boring, canned, weak ass shit, that I instantly tossed into a rubbish pile. Cream rises, Nancy. That’s a universal law. As such it will not flip.

  • nancy

    butter :
    that is cream flipped a couple hundred times
    spreads on toast well.

  • http://adpulp.com David Burn

    Cream is churned. So are good ideas.

  • Nancy

    Technically, yes.
    Never did the clothespin with the cream in a jar and let everybody get a turn flipping and shaking? May be something for creatives to experiment with at the next big meeting.
    It works, too.