Comcast Pays $125 Million for Lifestyle Web Publisher DailyCandy

Mac Slocum
August 6, 2008 | | Comments (0) | Listen Speech Icon

Comcast is buying shopping/lifestyle Web publisher DailyCandy for $125 million. From the New York Times:

... the company, driven by a small army of contributors providing breezy tips, has grown to encompass 13 daily and 8 weekly newsletters, reaching 2.5 million subscribers in 11 American cities and London.

As the Times notes, DailyCandy is one of a number of independent Web publishers acquired in the last year. Most recently, the company that runs paidContent.org was purchased by The Guardian Media Group for $30 million.

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