Think there’s no money in browsing the Internet? Apparently for Ben Huh’sCheezburger Network, there’s enough cash for a “low seven figure” buyout ofKnow Your Meme.
Know Your Meme has seen steady traffic over the past year, but heavy pageviews fit right into Huh’s portfolio. Huh’s primary site, the funny-cat-heavyI Can Has Cheezburger, has been sitting well over 200 million monthly views sincelate 2009(given the unreliability of outside sources such as Compete, there’s not a good indicator of present traffic).
Update:According to statistics in theCheezburger press release, the network has over 400 million monthly pageviews, between its 4 sites. Huh states that the acquisition will allow for an east coast office for the Cheezburger family, and no changes have been stated for the Know Your Meme content. There is no mention of an actual dollar figure for the sale.
Story byBrad McCarty
A music and tech junkie who calls Nashville home, Brad is the Director TNW Academy. You can follow him on Twitter @BradMcCarty.(show all)A music and tech junkie who calls Nashville home, Brad is the DirectorTNW Academy. You can follow him on Twitter@BradMcCarty.
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