Microsoft Pri0
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times reporter Sharon Chan.
SubscribeMarch 7, 2007 12:33 PM
Getty Images' bid for Jupitermedia hits skids
Posted by Kristi Heim
Jupitermedia said today talks with prospective buyer Getty Images have stopped, sending its stock falling toward Pluto.
Connecticut-based Jupitermedia shares are down around 17 percent to $7.19.
Last week, Getty outlined a strategy around building entertainment content following its acquisition of WireImage. Jupitermedia is a little different, in that it is mostly a low-cost stock image bank that occassionally competes with Getty. Analysts thought a buyout would have strengthened Getty's position.
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