Bolt Buys Two Video Sites
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In this story in latest BW about valuations for small media sites like DailyCandy (WSJ reported on a rumored $100 million valuation), some interetsing piece of news buried down the page: Bolt, the NYC-based teen media company (which itself is probably being shopped around), has bought out two small video-sharing sites Musicvideocodes.com and Yashi.com, from 26-year old entrepreneur Jay Gould. The deal was a mostly equity deal that makes Gould a partner in the company.
In a related story, also on BW, an interview with Aaron Cohen, CEO of Bolt Media.
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