July 23rd, 2008

New Statesman Owner Buys LabourHome

Guido has been hearing rumours that LabourHome was “in play” and that two bidders were after the site. Tom Miller’s Newer Labour has the exclusive confirming that LabourHome has been bought by Mike Danson, the new owner of the New Statesman.
Newer Labour reports that it went for a “high five figure sum… with some of the existing editors, like Alex Hilton, one of the foremost Labour bloggers and co-founder, Jag Singh, staying on board.” PoliticsHome had also shown an interest in bringing the site into the “home” network – Freddie Sayers had been in negotiations with the site but got gazumped.

Guido called Alex Hilton, LabourHome’s chief commissar, to commiserate with him for not getting a six-figure valuation. (Guardian Media Group just bought PaidContent for $30 million, the Gawker group of blogs is valued at over $100 million.) Alex would only say “We are very pleased to have the support of the New Statesman” from his yacht in the Caribbean.

Guido reckons that if the valuations being achieved in the U.S. were reflected here, the leading blogs would be worth seven figure sums. Mrs Fawkes has become noticeably less intolerant of Guido’s blogging of late…



Seen Elsewhere

David Ward’s Holocaust Denier Friends | Harry's Place
Grayling: Bercow Faces Questions | Sun
Paul Flynn Could Learn a Lot From a Trip to Israel | Breitbart
50 Shades of Grayling | Speccie
Bercow’s £12,000 of VIP Sporting Freebies | Sun
Aldous Huxley v George Orwell | FatPita
Blinkered BBC is Ripe for Reform | David Keighley
Calls for Bercow to Face Inquiry | Mail
Labour Mad to Fight Tories on Tax | Dan Hodges
Right to be Forgotten is a Disaster | Padraig Reidy
Dave Could Be Finished Before 50 | James Forsyth


new-advert
Westbourne-Change-Opinion Guido-hot-button (1)


Knifed former civil service chief Bob Kerslake on his recent troubles:

“Many thks for kind wishes following back opn. Incision measured 16cm. A pretty big knife in the back! Photos on request.”



TJ says:

And i’ve noticed that 100% of Guido Fawkes staff are men. Looks like Guido has a woman problem. Or is it an hypocrisy problem?


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads