Crikey - new owners
From ZDNet Aust, comes the news that
Crikey has been sold to Private Media Partners (Eric Beecher's company).
They say of course that Crikey's "essential ingredients" will be kept, which especially given the size (and spirit) of PMP I'm inclined to believe.
The sale values Crikey at $1million, but the ownership is happening in a very odd manner - $200,000 s being paid in installments over this year, with the balance needing to be paid by Sep 2006. If that's not done, control goes back to Stephen Mayne.
Crikey has been sold to Private Media Partners (Eric Beecher's company).
They say of course that Crikey's "essential ingredients" will be kept, which especially given the size (and spirit) of PMP I'm inclined to believe.
The sale values Crikey at $1million, but the ownership is happening in a very odd manner - $200,000 s being paid in installments over this year, with the balance needing to be paid by Sep 2006. If that's not done, control goes back to Stephen Mayne.
posted by andrew pascoe at
12:27 PM
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