Many New York media types gasped the other day when Laurel Touby’s MediaBistro sold to Jupitermedia for $23 million. HuffPo’s Rachel Sklar, however, longwindedly defends the publication and price, noting the 100,000-plus email subscribers, top-notch contributors, and monopoly on media job classifieds. Indeed, given that MediaBistro is now more than a decade old and dominates its niche, $23 million might be a bargain–especially with MediaBistro now in the talented (if eccentric) Alan Meckler’s hands. Rachel Sklar, The Huffington Post. Photo: Huffington Post.
The $23 Million Woman
NOW WATCH: Tech Insider videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.