Mediabistro (website)

Last updated

Mediabistro
Type of site
Resource
Traded as NIXX
OwnerCognoGroup
Created by Laurel Touby
CEOMiles Jennings
Products Job board
Parent Nixxy, Inc.
URL mediabistro.com
CommercialYes
LaunchedNovember 1999
Current statusActive

Mediabistro is a website that offers career and job search resources for media professionals. It publishes various blogs which analyze the mass media industry, including the film and the publishing industries. It also provides job listings, courses, and seminars for journalists and creative professionals. [1] The site was founded in 1999 by Laurel Touby as "a gathering place for professionals in journalism, publishing and other media-related industries in New York City". [2] Mediabistro has since grown [3] into an international resource for media professionals.

On July 17, 2007, the site was acquired by WebMediaBrands, later known as Mediabistro, for $20 million in cash plus a two-year earn-out that could result in an additional $3 million. [4]

In August 2014, Mediabistro's publishing assets were acquired by Prometheus Global Media, a subsidiary of Guggenheim Partners, for $8 million. The acquisition did not include Mediabistro's expo business, which were retained under the name Mecklermedia. [5] [6]

The company was later acquired by Parrut, Inc. In 2021, Mediabistro was purchased by a recruiting solutions platform, for a sum of cash and stock disclosed in public filings. [7] Miles Jennings, founder of the recruiting solutions firm that purchased Mediabistro, is its current CEO. [8]

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References

  1. Duffy, Jill (June 14, 2018). "Mediabistro Online Courses and Seminars". PC Magazine . Retrieved October 21, 2014.
  2. "Laurel Touby". The Huffington Post . September 5, 2006. Archived from the original on March 17, 2007.
  3. Dumenco, Simon (July 20, 2007). "Touby Prize". New York .
  4. "Jupitermedia Buys Mediabistro.com". InternetNews.com. July 18, 2007. Retrieved October 21, 2014.
  5. "Adweek Parent Prometheus Buys Mediabistro Editorial Assets". Adweek . May 29, 2014. Retrieved May 29, 2014.
  6. Ariens, Chris (May 29, 2014). "Prometheus Global Media to Acquire Mediabistro". FishbowlNY . Archived from the original on May 29, 2014. Retrieved May 29, 2014.
  7. "ASSET PURCHASE AGREEMENT by and among RECRUITER.COM GROUP, INC. and PARRUT, INC". SEC Website. July 7, 2021. Retrieved January 1, 2022.{{cite web}}: CS1 maint: url-status (link)
  8. "Mediabistro". THE ORG. Retrieved January 23, 2025.