Hollywood web-site sale reflects growing clout - WSJ.com

Hollywood reporter Nikki Finke said Tuesday that she has sold her news Web site, Deadline Hollywood Daily, to Mail.com Media Corp., highlighting the growing value of small, online media outlets at the same time traditional players like trade publications are struggling.

Neither Ms. Finke nor MMC Chief Executive Jay Penske, son of auto-racing magnate Roger Penske, would disclose the amount of the sale. ...