Wednesday, June 24, 2009

NIKKI FINKE'S MULTIMILLION DOLLAR SALE


Photo Credit: HL

Hollywood Life
's parent corporation Mail.com Media Corp. has signed a multiyear deal with Nikki Finke, the longtime journalist and founder of the blog DeadlineHollywoodDaily.com, which began as a column in L.A. Weekly.
According to a person familiar with the terms, Finke, the site's sole owner and writer-editor, will get a low seven-figure sum to sell Deadline Hollywood Daily plus millions of dollars over the life of a five-year-plus employment contract. The deal also grants her a portion of the site's ad revenue.
Congratulations to Nikki! That's a hot deal!

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