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Business | 2007 | Jul | 18 | 4AM


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The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $20 million in cash and an additional $3 million over two years for the company, which is based in New York City
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Jupitermedia, based in Darien, Conn., approached Ms
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Touby started arranging after-work mixers for editors, writers, television producers and graphic designers, inviting professionals as well as job seekers. Ms.Touby compiled a list of job postings and, in 1996, opened Mediabistro.com
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Laurel Touby turned her popular cocktail parties into a high-traffic Web site for job-seeking media and creative professionals
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Yesterday, she sold Mediabistro.com, the company that sprang from those mixers, for $23 million
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Last year, the site had 600,000 unique visitors, and many signed up for offerings like seminars and courses in freelance writing
Jul 18 '07 -Business- www.nytimes.com -site,company,job
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Touby received investor financing, and the Web site was incorporated
Jul 18 '07 -Business- www.nytimes.com -site,company,job
 
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