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Gothamist Gets Acquired; Tonchi Takes Top Spot at W
March 23, 2010
Rainbow Media, a subsidiary of Cablevision, buys Gothamist for somewhere between $5 and $6 million. Jake Dobkin launched the local blog network in 2003 with its flagship site and has continued to expand the "ist" franchise ever since. Nick Dentonoffers some perspective on just how much Dobkin and partner Jen Chung will make from the deal. His verdict: around $150,000 per year...