Pittman, Hirschhorn Trade Stereogum for BuzzNet Stake

Silicon Alley 100 moguls Bob Pittman (No. 10) and Jason Hirschhorn (No. 39), along with Stereogum founder Scott Lapatine, are trading the company for a stake in BuzzNet, the Post says. The transaction reportedly values Stereogum at a modest $5 million (though Portfolio says the number is smaller).

Related: Gawker Media peddling Idolator music site?

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