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TechCrunch is Reporting that IAC is Close to Acquiring Flixster |
| Sunday, January 13, 2008 |
Here's another rumour that has resurfaced, reports from TechCrunch indicates that IAC is looking to acquire movie-focused social network Flixster. According to the report,
One source says the deal is done. Another says the parties have been in serious discussions over the last couple of weeks and are “very close,” but no deal has been closed. Both agree the price is over the $150 million being discussed last year, and may be as high as $200 million or more. The deal is being structured as a cash plus earnout transaction More about Flixster http://www.flixster.com Flixster is a community for movie fans of all shapes and sizes. Whether you are a die-hard horror fan or lover of romantic comedies (or both), Flixster is a place where you can find others who share your taste and through them discover new movies that you will love.
A little less than two years old, Flixster is already one of the largest movie sites on the web with over 15 million unique visitors and over 1 billion movie ratings.Labels: Flixster |
posted by PlanetNim Caretaker @ 9:20 AM   |
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