We reported back in January that we heard Pluck was for sale. Today it’s being reported that Demand Media, run by former MySpace Chairman Richard Rosenblatt, is acquiring the company for between $50M and $60M. Pretty good for a company with about $10M in 2007 revenue. Mashable has good coverage of the news with Rosenblatt and Pluck CEO Dave Panos.
- Tags: Austin, demand media, pluck, Startup
1 Response to Demand Media Buys Pluck
Pluck Signs Film.com and RollingStone.com | AustinStartup
May 15th, 2008 at 9:55 am
[...] Corporation, which was acquired by Demand Media in March, announced today that it is now powering social media capabilities at Film.com and [...]