Remember MeeVee? That was the TV Guide-like company that we got the hot tip on was in the midst of massive layoffs? Turns out now that they're in the middle of acquisition talks.
That's what the BusinessWire headline says, at any rate. If you read into the press release, it is basically a note begging someone, anyone, to buy MeeVee:
Accordingly, MeeVee is engaged in multiple discussions with potential acquirers that provide the greatest long term upside and synergy. Interested parties should contact Steve Hughey ([email protected]) for more information.
It's not surprising to see the property up for sale, but what do you get, should you engage in the buying opportunity? Well, we've profiled MeeVee a number of times in the recent past, and it is a essentially an entertainment review site that also serves as a portal to major label and studio content online. At one time, they boasted a huge amount of inbound traffic, but as we discovered in February that dropped starkly in August of 2007.
