– Cable TV provider Cablevision’s (NYSE: CVC) Rainbow Media unit is close to a deal to
acquire city blog network Gothamist, PaidContent reported.
The purchase price
was reported to be $5 million to $6 million.
Founded in 2003, the Gothamist
blog network currently reaches 2.66 million unique users, according to
Along with its flagship Gothamist blog, the company publishes
local city blogs in 14 other cities, including Los Angeles,