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What You Can Buy For $23M
New boss bling
Given the relative slowburning hysteria in the mediabistro office — and at various points on the Web — surrounding this morning's sale of our mothership, we thought we'd put the purchase price in a context New York media machers can understand:
- 383,000 shares of Dow Jones (or a 0.4% stake)
- 23 million games of Skee-Ball
- 11,500,000 Magnolia cupcakes (they're back in business, by the way)
- A-Rod (one season)
- 8,365,636 Arnold Palmers at Balthazar
- One third-place network news anchor
- mediabistro.com
Luckily for us, Jupitermedia chose latter.
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Turning the Page For New York Media
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Amanda Ernst
