UPDATE: mediabistro.com Sold For $23M
Our fearless founder Laurel Touby‘s Oscar acceptance speech memo regarding yesterday’s sale:
Today is probably the happiest day of my life. (Okay, second happiest. Getting married to Jon was pretty excellent.) When I put up my first web site in 1996 — or was it 1997? the records are gone — it was a humble little directory on someone else’s web site. Not even a site of its own. There was no hope of a business plan, much less a profitable business. The entire reason for its existence was to help media people, myself included, meet up, hook up and share resources with one another — a social network with bare bones technology.
Join Baratunde Thurston (left), The Onion’s Director of Digital and author of How to Be Black, for an entertaining look at creative social media campaigns in our 
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