Gawker Media, the eight-year-old online publishing heavyweight founded by Nick Denton, announced its first acquisition on Monday: the New York boldface name guide CityFile. Mr. Denton would not disclose the sale price. He indicated in a memorandum that he had looked at other acquisition targets in recent months, and said “if online media is consolidating, we’d rather be a consolidator than consolidatee.” But he reiterated the company’s belief that it is “usually more effective to build than buy.” Remy Stern, the editor and publisher of CityFile, will become the editor of Gawker next week, replacing Gabriel Snyder, who said in a separate memorandum: “I’ll put this as plainly as we’d report any other masthead ouster: I am being canned.”
Read more about it here

That’s right! The Christian network Salem Communications recently purchased a blog called Hot Air, which was founded by none other then a certain conservative blogger named Michelle Malkin…

Sounds interesting to say the least. Will things improve for this blog? Here’s how warm and fuzzy Michelle is on her own blog, in regards to those commenters that keep showing up on her blog: “This section is for comments from michellemalkin.com’s community of registered readers. Please don’t assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.“

Ouch, Michelle, that doesn’t sound too “Christian” of you!

But it’s okay Michelle, we’d like to recommend you don’t flatter yourself into thinking 1. Your readers necessarily lose sleep about what your stance is on their comments, and 2. Any dope with a keyboard and a mouse can figure out what a “comment section” is, most blogs don’t need to “explain what a comment section is!”

With a track record of brilliant link-promotions about how “Israel should attack Iran since America won’t”, at least we’re confident we can expect more positive “Hot Air” in the future…Read about the aquisition here and here…