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WebMediaBrands Acquires BrandsOfTheWorld.com

WebMediaBrands, parent company of mediabistro.com, has acquired BrandsoftheWorld.com a user generated content site where readers can view and download more than 160,000 brands and logos. The site boasts 2 million unique visitors and more than 30 million page views every month. Terms of the deal were not disclosed.

AgencySpy has more from WEBM CEO Alan Meckler. And the press release is after the jump...


WEBMEDIABRANDS ANNOUNCES ACQUISITION OF BRANDSOFTHEWORLD.COM

(New York, NY - April 29, 2009) WebMediaBrands Inc. (Nasdaq:WEBM) today announced it has acquired the assets of Brandsoftheworld.com (www.brandsoftheworld.com). Brandsoftheworld.com is a user generated content site where readers view and download more than 160,000 vector format brands and logos. The site has over two million unique visitors and over 30 million page views per month. Terms of the acquisition were not disclosed.

"We believe that BrandsoftheWorld.com combined with our AdsoftheWorld.com, CreativeBits.com, AgencySpy.com and Unbeige.com Web sites makes Graphics.com the largest online community of advertising, branding, graphics and design professionals in the world," stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. "In coming months we will launch a range of services and offerings to our Graphics.com community including events, online courses, a freelance marketplace, job board and more."

About WebMediaBrands Inc.

WebMediaBrands Inc. (Nasdaq: WEBM, www.webmediabrands.com), headquartered in New York, NY, is an Internet media company concentrating on BtoB communities. WebMediaBrands has three online communities: Internet.com for IT managers and Web developers; Mediabistro.com for media professionals and Graphics.com for design and creative professionals. All three communities offer job boards, marketplaces, online education offerings and events.

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