TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Daily Candy’s Sweet $125 Million Deal

logo-home.gifIt’s getting lonelier and lonelier to be an independent Internet company. We went, then PaidContent went and now cable provider Comcast has bought Daily Candy for $125 million. The deal was $50 million higher than the one floating around last week.

One reason for the increase in purchase price was Viacom‘s apparent interest in the shopping newsletters. The media company was willing to pay up to $120 million.

Regardless of the new owner, former AOL No. 2 Robert Pittman, who bought a controlling stake in Daily Candy for $3.5 million in 2003, is now a very rich man.

Mediabistro Course

Freelancing 101

Freelancing 101Starting August 18, learn how to manage a top-notch freelancing career in our online boot camp, Freelancing 101! Through a series of weeklong webcasts, you'll hear from freelancing experts who will teach you the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and securing new clients. Register now!