The online media space took another major turn on Sunday evening with the announcement that Vox Media will acquire the Curbed Network, a trio of lifestyle blogs. The deal, worth something in the range of $20 to 30 million, according to Fortune, will bring the New York-based start-up’s blogs covering real estate, food and fashion under the same roof as SB Nation (sports), The Verge (technology) and Polygon (gaming)
“We’ve been under our own steam for a long time and we only ever raised $1.5 million back in 2007, and the company’s been profitable since 2010,” Lockhart Steele, the founder of the Curbed Network, told Mashable Read more…
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Read more : Vox Media Acquires Curbed Blog Network
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