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Idealbite

Disney Closing Down IdealBite, As Expected; Merging Into Family.com

Dec 4, 2009 1:20 AM

Less than 20 months after acquiring IdealBite for $20 million, the Walt Disney Co. (NYSE: DIS) is folding it into Family.com, and putting the IdealBite e-mail edition and the website will go on “indefinite hiatus,” according to an internal e-mail we got earlier today (also received by MediaMemo). We reported…

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Posted In: Companies, Disney, idealbite

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Disney Moving $20 Million Acquisition Ideal Bite Into Interactive; Laying Off Staff?

Oct 12, 2009 8:22 PM

Less than 18 months after acquiring Ideal Bite for $20 million, the Walt Disney Co. (NYSE: DIS) is folding the green-living tips company into the Disney Interactive Media Group. Disney spokeswoman Michelle Bergman said it’s not being shut down, that DIMG is “evaluating the situation” and has made no staffing…

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Posted In: Features, Exclusive, Companies, Disney, idealbite

Exclusive
Updated: Disney Buys Pittman-Backed Green Site IdealBite; Price Around $20M; DigiSynd Deal Closes

Jun 12, 2008 6:58 PM

Updated with the correct sale price: Disney (NYSE: DIS) has bought out IdealBite, a small green-living online media company based in San Francisco, we have learned. The price is around $15 $20 million (corrected after I got more information), our sources say, and the acquisition was completed a couple of…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Exclusive, Companies, Disney, digisynd, idealbite

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