The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Earnings

10-Q Watch: The Knot: $1.4 Million For The Bump; Higher Costs

  • Comments Comments (View)
  • Text Size: A A

The Knot’s acquisition of pregnancy media company The Bump was just a baby step: the total purchase price, according to the company’s 10-Q filing, was $1.4 million in cash—$1.7 million if related costs are factored in. The deal was a component of CEO Janet Scardino’s plan to move beyond just wedding content.

SEE ALSO: The Knot Buys Local Pregnancy Guide The Bump

Costs: On the higher costs that dinged earnings: “Product and content development expenses increased to $5.0 million for the three months ended March 31, 2008, as compared to $3.1 million for the three months ended March 31, 2007, as a result of increasing investments in our information technology platforms and related information technology and project management staff. The increase is also the result of additions to our editorial staff.”

May 8, 2008 5:14 PM ET

Posted In: Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, the knot

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Albums iTunes Albums
1. Scars & Stories (Deluxe Version)
2. A Different Kind of Truth
3. Home
4. 21
5. A Different Kind of Truth (Deluxe…
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff