Is Collegehumour Sold??!?…
August 16, 2006
For a long time I have loved Collegehumour site for funny videos and pictures that would entertain me if I was bored or at a loose end but according to Gawker they are on the verge of being sold for $20m to InterActiveCorp. Sounds like a sweet deal lets hope it stays the way it is and just reading on they have over 6m viewers a month…thats just mad right there!!!
The long-rumored deal between skank-humor hub CollegeHumor.com and Barry Diller’s InterActiveCorp has finally been consummated. IAC has acquired a 51% stake in CollegeHumor’s parent company, Connected Ventures, LLC, and full voting control of the company (Barry’s a bit of a dom). The Post guesstimated the deal to hover around $20 million, but we’ve been told that the price tag was quite a bit higher. Never underestimate the financial viability of photographing pyramids constructed from beer cans.
Visit Collegehumour HERE and DIGG the post.