Just sold for: $55 000

http://flippa.com/auctions/76386

Website Sold: http://www.NittyGrittyMarketing.com

Who Bought It? Ephren W. Taylor II of City Capital Corporation

How Much? Undisclosed

Information On The Deal:

Jermain Griggs, a successful internet entrepreneur started NittyGrittyMarketing.com to teach others exactly how he has made an incredible income selling products and services in niche markets. The site includes marketing courses, hours of video content, workshops, and other training resources. According to Mr. Griggs, to take the site to the next level, he sold it to Ephren Taylor II of City Capital Corporation.

This acquisition fits into Ephren Taylor’s new game plan, which is to build with and help others through social capitalism. Taylor is widely known as the youngest African-American CEO of any public company in America. He has been very successful in real-estate, software development, oil and natural gas, writing, and public speaking. You can find out more about Ephren Taylor at http://www.citycapitalcorp.net/management_team.html

http://www.Movies.com

Who Bought It?
Comcast  

How Much?
17 Million

Information On The Deal:
Movies.com, a Disney owned company that publishes reviews and updates for the latest movies, was acquired in June 2008 by Fandango. Initially, the cost of the acquisition was undisclosed. However, according to PaidContent.org, Comcast’s Fandango.com paid 17 million dollars for the web-based movie content site.

This purchase seems like a natural fit because of movies.com’s premium domain name and traffic for Fandango.com, a site that has a movie ticket service. So far, the site has been used to send traffic to Fandango.com.

Do you this was a smart move for Fandango?

Website Sold:

http://www.Bit-Tech.net

Who Bought it?
Dennis Publishing

How Much?
Undisclosed

Information On The Deal:
Dennis Publishing, one of the world’s largest independent media companies, has acquired Bit-Tech.net, a website focused on publishing in-depth reviews, news, and technology information. According to the company’s press release, Dennis publishing purchased the website as a move to bolster its current portfolio of magazines and websites, which include popular brands such as PC Pro and Igizmo. Bit-Tech.net is expected to increase Dennis Publishing’s over all traffic from 2.3 million to 3.35 million unique visitors each month.

Hugh Chappell, Bit-Tech’s managing director will join Dennis Publishing as a consultant while the editorial, advertising, and developmental staff will be hired as employees and report to the publishing director, Barry Cronin.

This seems to be a smart acquisition as Dennis Publishing will be able to offer its advertisers a greater reach and a more targeted audience.

Website Sold:

http://www.EarnersDigest.com

Who Bought it?
Anonymous Buyer

How Much?
$7,500

Information On The Deal:
EarnersDigest.com is a simple website that colllects names and email addresses of people who are interested in making extra money. Although these types of websites are all over the internet and would seem to have a great deal of competition, this web property recently sold for $7,500 on Site Point, a leading market place for those looking to buy or sell websites. According to the listing for this site, Earners Digest has 1,600 opt in subscribers and a list of 5,000 email address of previous buyers. With nearly 7,000 email address, the buyer paid about $1,13 per contact. Currently, the site earns just over $2,000 per month in profit.