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Comcast acquires Daily Candy for 125 million dollars

Ernst-Jan Written on 6th August 2008                                                                                                              2 COMMENTS some text
Ernst-Jan Pfauth, editor in chief

Comcast acquires Daily Candy for 125 million dollars Women are beautiful. Street photographer Garry Winogrand stated this in 1975 and he’s absolutely right. Online marketeers also agree with him and they don’t leave any chance unused to make some money out of their online presence.

Ask Glam Media, the publishing company that focuses on women and recently acquired ad agencies in the UK and Germany. But the big women marketing-related news of today is the $125 million dollar acquisition of online women’s magazine Daily Candy by Comcast.

Daily Candy – formerly owned by Pilot Group Ventures – sends its subscribers a daily email with tips, news, and info about fashion, food, travel and other glossy magazine-like topics.

Comcast acquires Daily Candy for 125 million dollars

Comcast was battling with Viacom to acquire DailyCandy, which allegedly makes 25 million dollars a year. Comcast has beaten the other advertising giant with 5 million dollars. Women are beautiful, especially in the world of online publishing.

About the author: Ernst-Jan is blogger and co-organizer of BLOG08, who previously worked in New York to cover news at the United Nations. Next to writing, he's also a singer in the band Christina Five. Follow him on Twitter or read his personal blog Dutchproblogger.com .

2 trackbacks to “Comcast acquires Daily Candy for 125 million dollars”

  1. Sep 2, 2008: Women exits through M&A, IPO or otherwise : The Next Women

    [...] The $125 million dollar acquisition of online women’s magazine Daily Candy by Comcast. Founder is Dany Levy, who is also the Chairman, and Editor-in-Chief. Catherine Levene is COO. Deal year 2008. [...]

  2. Dec 5, 2008: That’s cool marketing: 10.000 members and not even a website. : The Next Women

    [...] looks that the successful 125 mio sale of the women newsletter Daily Candy, got some other women thinking: I can do that. After the launch of GOOP by Gweneth Paltrop, tv [...]

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