WebMediaBrands (formerly JupiterMedia) cuts 25% of workforce

WebMediaBrands, the parent company of Internet.com, Mediabistro and other well known online brands has cut 25% of its workforce, or 60 people. The company, formerly known as JupiterMedia also cut all existing pay rates by 5% over ... continue

Jupitermedia sells subsidiary to Getty Images for $96 million in cash

Jupitermedia Corporation has agreed to sell its wholly owned subsidiary Jupiterimages to Getty Images, Inc. for an aggregate purchase price of $96 million in cash. After the sale, Jupitermedia will continue to operate its remaining five distinct ... continue