September 10, 2010

Go211 Sells To MetaCafe

Ultimate media dealmaker. Murdoch has nothing to do with this… I just think of him every time a media deal comes up.

Action sports video site and webcaster, Go211 has sold to YouTube rival, MetaCafe. It was a no cash deal with reports saying that it was “an equity transaction between the two private companies.” As part of the deal it was revealed that Action Sports, the umbrella company that owns Go211, is getting 4 million visitors a month which is huge – awesome to know that there is so many crew into the sports! Check the full report over here.

by Dave