Mediabistro is Sold (Updated)

Word is that the company that runs the TV website TVNewser has been sold.

Prometheus Global Media which owns Adweek, The Hollywood Reporter, and Billboard, among others – has entered into a definitive agreement to purchase Mediabistro’s editorial and e-commerce assets for Eight million in cash.

As part of the deal, PrometheusGM will add to its portfoliomediabistro.com and editorial sites including FishbowlDC,FishbowlNY, TVNewser and PRNewser, as well as the Mediabistro Job Board, and Mediabistro’s education business. No word if TVSpy is part of the sale and if not what the future of that site is? 

Pending stockholder approval, the sale should close in late July. Current Mediabistro CEO Alan Meckler will keep the trade show business under a new name – Mecklermedia – also subject to stockholder approval.

No word as to why TVNewser has not yet reported this news. 

As for FTVLive? Three companies have inquired about buying us and we have said no to all of them. 

So have no fear....FTVLive is here. 

H/T FishbowlDC

Update: TVNewser finally got around to reporting the story about them being sold. According to the site TVSpy is also part of the deal and will be sold as well.