DISQUS

Black Web 2.0: Community Connect bought buy RadioOne for $38 million

  • urbantech · 1 year ago
    Its a great acquisition for Radio One, but a very sad day for minority owned and focused internet start ups. If a company like Communty Connect can only get a $38 Million dollar valuation, and a site like Meebo can get a $850 million dollars valuation and acquisition, and it has less then half the traffic of CC’s one property, Blackplanet.com, its a very sad day indeed.

    A quick query on Compete can show you what I mean:

    http://siteanalytics.compete.com/blackplanet.co...

    Toby “URBANTECH” Morning
  • MrAfrica · 1 year ago
    That is correct, but you must also look at the type of people BlackPlanet is attracting... I would never advertise on such a site...
  • blackweb20 · 1 year ago
    @ MrAfrica I agree, I think this is part of the reason why it sold for such a low price.
  • Kerwin · 1 year ago
    Living in maryland not to far from tvone i am very happy for them i hope this will inprove there programing to open up to more people like 93.9 WKYS and TVone the tv station which is owned by radio one.