March 4th, 2008
Demand Media Buys Pluck
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.
[...] Corporation, which was acquired by Demand Media in March, announced today that it is now powering social media capabilities at Film.com and [...]