opinios

Crikey Sold For $1 Million

In other web news, independent political webzine crikey.com.au announced today that Crikey had been bought for $1 million.

From the official announcement:

After almost five years of operation, yesterday afternoon Stephen Mayne and Paula Piccinini signed binding contracts for the $1 million sale of Crikey. The buyers are Eric Beecher and Di Gribble from Private Media Partners (PMP), publisher of The Reader

I remember helping out founder Stephen Mayne several years ago, when he had crazy (but well meaning) ideas of starting a political party, by building a web site for the party to get its message across (Note: I had absolutely nothing to do with the current site!)

Stephen is a passionate, gifted individual who has sacrificed having a life in order to provide daily reports on corporate shiftiness and inequity to his subscribers. The man is a phenomenal inhaler of information and an articulate shitstirrer. When Media Watch went off air for a short time, Crikey was the only unbiased voice calling out the mistakes and the injustices.

After 5 years of running Crikey independently on a wage of hours of hard work that doesn't come close to supporting his lovely wife Paula and their three kids, I say congratulations on finally getting something back. I don't blame him for wanting his life back, and look forward to the new and improved Crikey.