Friday, May 21, 2010
Perez Hilton Offered $20 Million To Sell Website
Two professional celeb-gawkers want to make Perez Hilton $20 million richer.
The acid-tongued celebrity snitch has been offered the astounding eight-figure deal to part ways with the website that made him more famous than some of the Hollywood notables he regularly torments.
Perez, who also manages a style-centered website and record label, received the offer from Canadian blogger Zack Taylor and TheDirty.com’s head editor Nik Richie earlier this month. The blogging duo has joined forces with Avid Life Media, which owns websites such as HotorNot.com and AshleyMadison.com — the world’s leading cheater’s dating service, in hopes of taking over at PerezHilton.com, Gawker reported Thursday.
According to the May 14 offer letter, the buyers would keep PerezHilton.com going with Zack and Nik taking over daily operations. He would be paid $18 million up front and another $2 million to be put into escrow.
Perez — who reportedly charges advertisers $4,000 per week to run ads on his famous blog — has yet to respond to the offer. A year ago, 24/7 Wall Street estimated PerezHilton.com’s value at $32 million.
Story courtesy of Popcrunch
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