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10|31|2008 10:30 pm EDT

Media General Purchases Richmond.com

by Chad Kettner in Categories: Domain Sales

Media General, an independent communications company and parent of the Richmond Times-Dispatch, has purchased Richmond.com for an undisclosed amount of money.

Richmond.com is an Associated Cities member and considered one of the most complete geo-domains ever created. The website has 120,000 unique monthly visitors who average nearly 2.7 million page views each month. By partnering with local businesses and organizations, Richmond.com is able to act as a local hub for local news, events, and searches.

“We have achieved our goal at Richmond.com,” explained John Whitlock, chairman of The Whitlock Group and principal owner of Richmond.com, “to be an innovative and collaborative champion of the Richmond region. Our partners, customers and staff have worked together over the past eight years to create an outstanding online resource that highlights all the best Richmond has to offer. I am excited about Media General’s commitment and ability to take it to the next level. I am sure the best is yet to come.”

The development, growth, and sale of Richmond.com stands to show that a well developed geo-domain really can compete with the big guys. I expect to see quite a few more sales such as this one in the future.

[via Richmond.com]

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6 Comments

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Mike

November 1, 2008 @ 4:49 pm EDT

Sweet deal for John….landed a big one to the perfect end user.

They should re brand under the new domain name. Their existing names suck but I am not from the VA area so I am not too sure if it is worth it and what the history is like with the existing sites.

[…] reported on DNN.com late last week, Richmond.com has been purchased by Media General, parent company of Richmond […]

Steve Jones

November 3, 2008 @ 6:11 pm EDT

Congratulations to Media General and John Whitlock. This is a win-win situation for everyone (readers, advertisers, John and Media General). As time progresses, I expect to see more partnerships forming between geodomains and their respective local newspaper.

Steve
http://www.virginiabeach.com

[…] Domain Name News […]

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