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Sold: Despite a last-minute rumor that Time Inc. was going to bid for it (they didn’t), Jungle Media “won” the bankruptcy auction for Savoy yesterday. According to the NY Post, “Jungle Media agreed to pay $375,000 in cash while assuming subscription liabilities estimated at $518,000 for about 300,000 subscriber names.” Time posted: 9:01 am on Tuesday, May 4th, 2004 |
 RexBlog.com
Curating news about media,community and technology for people who aren't geeks. Maintained since August, 2000 by Rex Hammock, Founder/CEO of the content marketing and media firm, Hammock Inc.. Send links, comments to: rexhammock@gmail.com Home About Rex/Hammock.com Search RexBlog
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