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  • By Owen Thomas

    Send a link to this post 'DailyCandy sold to Comcast for $125 million' via email:


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    Aug 5, 2008 7:20 PM 1,877
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    #dailycandy

    DailyCandy Sours on Most of Its Cities

    Barry Diller's Not-So-Exclusive 'Very Short List'

    Did A Friend Swindle Daily Candy's Founder?

    read more: #confirmed, #dailycandy, #comcast, #viacom, #bobpittman, #valleywag

    DailyCandy sold to Comcast for $125 million

    In selling DailyCandy to Comcast for $125 million, Bob Pittman has notched a 36x return on the email newsletter he bought in 2003 for $3.5 million. We had heard that Comcast was trying to get it for $75 million, marking sharp dealmanship by Pittman to get the higher price. The long-rumored deal has done much to restore Pittman's reputation as a businessman after the disastrous AOL-Time Warner merger. [Silicon Alley Insider}


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