WebMediaBrands' Mediabistro Announces Acquisition of FacebookMarketing.de
New York, NY - March 17, 2011 - Mediabistro.com (a division of WebMediaBrands Inc., Nasdaq: WEBM) today announced that it acquired the assets of the blog FacebookMarketing.de from Philipp Roth and Jens Wiese of Munich, Germany. FacebookMarketing.de concentrates on news and analysis of the fast-developing use of Facebook marketing in Germany, Switzerland, and Austria. Mediabistro will include FacebookMarketing.de as part of its AllFacebook.com blog and change the name of FacebookMarketing.de to AllFacebook.de. Financial terms were not disclosed.
"FacebookMarketing.de is the number one blog covering BtoB and BtoC aspects of Facebook in Germany, Switzerland, and Austria today, which are some of the fastest growing Facebook markets, and we are pleased to be able to make the blog part of Mediabistro's AllFacebook.com," stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. "Philipp Roth and Jens Wiese will continue managing and blogging for AllFacebook.de and will help us promote our new Germany-based trade shows including SocialGamingSummit and VirtualGoodsSummit in Berlin this coming May. We are also excited to be able to offer social media advertisers the opportunity to run advertising for both the German- and English-speaking markets," added Meckler.
About WebMediaBrands Inc.
WebMediaBrands Inc. (Nasdaq: WEBM) (http://www.webmediabrands.com), headquartered in New York, NY, is a leading Internet media company that provides content, education, and career services to media and creative professionals through a portfolio of vertical online properties, communities, and trade shows. The Company's online business includes: (i) mediabistro.com, a leading blog network providing content, education, community, and career resources (including the industry's leading online job board) about major media industry verticals including new media, social media, Facebook, TV news, sports news, advertising, public relations, publishing, design, mobile, and the Semantic Web; and (ii) AllCreativeWorld.com, a leading network of online properties providing content, education, community, career, and other resources for creative and design professionals. The Company's online business also includes community, membership and e-commerce offerings including a freelance listing service, a marketplace for designing and purchasing logos and premium membership services. The Company's trade show and educational offerings include conferences, online and in-person courses, and video subscription libraries on topics covered by the Company's online business.
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