TopTenREVIEWS today announced it has acquired the Consumer Media
Division of Imaginova Inc., a privately held company based in New York
City. Included in the acquisition are Newsarama.com, Space.com, and LiveScience.com.
As part of the ongoing expansion, TopTenREVIEWS has established the
TechMediaNetwork to incorporate these properties, according to a
statement released today.
TopTenREVIEWS, the 4th largest technology news site according to September 2009 U.S. comScore Media Metrix data, joins Space.com, LiveScience and Newsarama as TechMediaNetwork
properties, a network encompassing technology, science and
entertainment. Combined, 12.2 million people visit TechMediaNetwork
sites each month.
"This acquisition expands TopTenREVIEWS
coverage as a trusted technology adviser and strengthens the company as
a source of technology news," said TopTenREVIEWS founder and CEO Jerry
Ropelato. "We see strong potential for growth in traffic and revenue as
a result of the synergy between the sites."
TopTenREVIEWS is a privately held technology review Web site
covering software, Web services, consumer electronics and
entertainment, offering millions of reviews in more than 350
categories. With Space.com, LiveScience.com and Newsarama.com,
TopTenREVIEWS expands its coverage to include news and information
about technology, science and comic genre entertainment, in addition to
content about purchasing the best technology and entertainment
products. TopTenREVIEWS will expand its coverage of consumer reviews to
include products and services related to the new properties.
"Creating TechMediaNetwork is a natural progression in our company’s
goal to create a more comprehensive network of technology and
entertainment news, information and purchasing advice," said Stan
Bassett, president of TopTenREVIEWS. "Our new tech network broadens our
ability to educate people on a wider range of topics – from astronomy
to health to computer security."
The sites, each brand leaders in their markets, will remain
fundamentally the same. The science properties syndicate original
content to the following news portals: Yahoo!, MSNBC, AOL, USA Today
and FoxNews.com. TopTenREVIEWS will also continue the relationships
Imaginova had with the scientific community, including the National
Science Foundation (NSF) and the National Aeronautics and Space
Administration (NASA), while expanding its technology and entertainment
coverage.
"This acquisition reaffirms the value of high-quality online
journalism and in particular the solid brands we've created over the
years," said Robert Roy Britt, Editorial Director of Space.com,
LiveScience and Newsarama. "The combined strengths and resources of the
new network will allow us to improve and expand coverage across our
core topics, including a significant push to report technology news in
a compelling fashion for the mass audience."
More from the TopTenREVIEWS statement:
Space enthusiasts visit Space.com for compelling content about space
science, astronomy and exploration news. Launched in 1999, Space.com
has enjoyed the past management participation of several key
space-related public figures.
LiveScience.com is the leading source for groundbreaking
developments in health, the environment and technology. It is the 2007
winner of the Online Journalism Award for Specialty Journalism among
large Web sites, by the Online News Association (ONA). Known for its
ability to convert often complex concepts into simple explanations,
LiveScience attracts millions of visitors each month.
Newsarama.com provides comprehensive coverage and commentary of
comics and genre-related entertainment. It won the 2008 Eisner Award
for Best Comics-Related Periodical/Journalism. Entertainment Weekly
included Newsarama in its list of "100 Greatest Websites," and the
American Library Association lists it as a research resource in the
field of comics.
Founded in 2003, TopTenREVIEWS.com provides consumers with
side-by-side product and pricing comparisons to help them research,
shop and purchase technology and entertainment products and services.
To fuel growth, TopTenREVIEWS received a Series A investment from
venture capital firms Highway 12 Ventures and Village Ventures in June
2008. The investment in TopTenREVIEWS built on the success of the
initially self-funded company's vision to change the way consumers shop
for technology and entertainment products and services by providing
helpful, accurate and unbiased reviews and resources.
