Tuesday, December 17, 2013

Wetpaint Acquired By Viggle

Seattle-based WetPaint, the online entertainment news and gossip site headed by Ben Elowitz, has been acquired by Viggle, in a deal worth approximately $30M in cash and stock. According to Viggle, Wetpaint had more than 12 million monthly unique users, and was seeing more than 90 million page views a month. Wetpaint's site provided articles covering shows, celebrities, stars, entertainment news, fashion, and more. Wetpaint had raised more than $39.6M in funding and was venture backed by Accel Partners, DAG Ventures, Frazier Technology Ventures, and Trinity Ventures.