Again, and Again and Again: Jupitermedia Changes Its Name To WebMediaBrands
Jupitermedia (NSDQ: JUPM) is trying the Nth time on whether a name change will make it more relevant in the digital media world: after the completion of the sale of its online images business to its larger rival Getty Images for $96 million in October last year, the company’s assets now include online publishing and media brands, and hence another name change is in order, as CEO Alan Meckler decided against his on-and-off pet Internet.com this time.
SEE ALSO: How Credit Crunch Shaved At Least $45 Million Off Jupiterimages’ Sale To Getty Images
The company will now be called “WebMediaBrands Inc.” and will change its Nasdaq symbol to WEBM, effective February 24, 2009. The company’s flagship now for all intents and purposes is job recruitment, resources and training site Mediabistro, which it bought in 2007 for about $23 million. Other brands now remaining include BtoB online communities comprised of Internet.com for IT managers and Web developers; and Graphics.com for design and creative professionals.
Posted In: Media & Publishing, jupitermedia, webmediabrands
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