NewsCorp $45m acquisition of KidSpot

[FirstPageResults]

The media buy up continues...

News Corp announced yesterday it would purchase KidSpot and all of its related entities, including Birth.com.au, Kidspot.co.nz, The Spot, SheSpot, Research Studies, Mums Say and Baby and Kids Market, which hold offline parent community markets.

http://www.smartcompany.com.au/reta...idspot-group-to-news-corp-for-45-million.html

MAINSTREAM media's demand for digital transactions business shows no signs of abating, with News Limited acquiring online parenting business Kidspot.

News would not say how much it paid for Kidspot but sources familiar with the sales process, handled by advisory group Lexicon Partners, said the price would be close to $50 million.

http://www.theaustralian.com.au/bus...ws-online-empire/story-e6frg996-1226083050545

 

[James]

Good acquisition I bet the news corp sales team will be ready to fly into our agency with these new sites =)

 

[DomainNames]

The next 3 years Will see some massive activity in Australia. Just wait till the NBN is live around the country also and see what good domain names and websites sell for.

 

[jhellyer]

God I hope there is a market soon for all the crap domain names I have registered..lol

 

[DomainNames]

God I hope there is a market soon for all the crap domain names I have registered..lol

the increasing market will only be for "good domain names and websites"

Let the crap "drop" and go for quality not quantity

 

[Chris.C]

the increasing market will only be for "good domain names and websites"

Let the crap "drop" and go for quality not quantity

Agreed.