US blog sold for $15 million
A leading American entertainment blog, Deadline Hollywood Daily.com, has been sold for a deal reportedly worth $15 (£9) million. The site, which was created by respected US journalist Nikki Finke, has been bought by media-conglomerate Mail Media Corporation.
Deadline Hollywood Daily is considered to be one of the leading entertainment industry blogs in America. The website has been providing daily reports and exclusive news stories since its launch in 2005.
Finke, who has worked for the Los Angeles Times, Newsweek and New York Magazine, assured readers that she would remain in control of the site