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So much for the Fox Lawyers (Hi Kim!)
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Member, Swaye's Wigwam Posts: 1,581
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This weekend we learned that NAMG has acquired a sports blog network called Scout.com from Fox.
Scout.com has 300 sites. Heckman ran Scout.com until 2005, when he sold it to Fox for $60 million.
We don't know how much he paid to get it back. We don't really know the size of the new company. Someone who stands to benefit from the transaction told us the companies will combine for $100 million revenues in 2013.
NAMG will change its name to Scout.com.
Read more: http://www.businessinsider.com/bob-pittman-bets-big-on-the-strategist-marissa-mayer-rejected-2013-11#ixzz2kIxiXxfn
Scout.com has 300 sites. Heckman ran Scout.com until 2005, when he sold it to Fox for $60 million.
We don't know how much he paid to get it back. We don't really know the size of the new company. Someone who stands to benefit from the transaction told us the companies will combine for $100 million revenues in 2013.
NAMG will change its name to Scout.com.
Read more: http://www.businessinsider.com/bob-pittman-bets-big-on-the-strategist-marissa-mayer-rejected-2013-11#ixzz2kIxiXxfn
Comments
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in other words, he sold it to Faux for $60M and it is now worth substantially less (must be the lack of premium content) so he's going to buy it back, wash and wax and then sell it to Yahoo.
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Heckman should tell Dave if he wants to stay on the network he has to fire Kim.
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I would absolutely love that!dnc said:Heckman should tell Dave if he wants to stay on the network he has to fire Kim.
Kim could always fall back on his real estate career that he's so "successful" at...... -
If you need it sold, tell Kim you'll give him access.He_Needs_More_Time said:
I would absolutely love that!dnc said:Heckman should tell Dave if he wants to stay on the network he has to fire Kim.
Kim could always fall back on his real estate career that he's so "successful" at......
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As I've said before, Dave, Kim and Fetters are all owners.
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Owner of a company worth $1.
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No way Kim owns a controlling interest.DerekJohnson said:As I've said before, Dave, Kim and Fetters are all owners.
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Nope, more than Fetters but less than Dave.dnc said:
No way Kim owns a controlling interest.DerekJohnson said:As I've said before, Dave, Kim and Fetters are all owners.
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I was looking forward to seeing Fox's next re-launch. I hear the new boards are going to be special.
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About as "special" as the 2013 Huskies football..........RoadDawg55 said:I was looking forward to seeing Fox's next re-launch. I hear the new boards are going to be special.
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man... if Taft ever stops aggregating premium content for free then that place will only have Meanderings and the occasional post-dated prediction from the Butler Cabin to complement Woody's messaging.