Nick Denton Is Bored, Looking To Sell Gawker? →
From The Business Insider…
Gawker Media owner Nick Denton is bored and he’s finally looking for an exit, somebody who likes to gossip with him told us the other day. If it’s true, Yahoo’s dealmakers should jump. After Yahoo hands over its search business to Microsoft (we still think that’s happening), it must double-down on brand advertising, which it still dominates. Brand advertisers love Gawker’s sites, especially Gawker proper, lady-blog Jezebel and most of all, gadgets site Gizmodo. They love Gawker to the tune of 27% growth year-over-year.
However Business Insider adds a new story which reads…
The urge to unload Gawker confused us, based on a recent conversation we had with the selfsame blog mogul, so we inquired. Here’s what we got back:
“True I’m a bit bored…..but haven’t thought for a second about exit.”
Sorry, guys. I ruined the party.
