Newgrounds Acquires I-Mockery 2006-04-01 01:20:50
GLENSIDE, April 1 -- Newgrounds.com, Inc. today announced the acquisition of popular comedy portal, I-Mockery.com. Thomas Fulp, president of Newgrounds.com, obtained approval from investors to purchase I-Mockery and rebrand it as I-Grounds, the Newgrounds comedy portal.
"Newgrounds is a popular entertainment site, but so is I-Mockery. By owning I-Mockery, we become a single more popular company. It's sort of like how if you have two six year olds, they have a combined age of 12. Now we can beat up the 10 and 11 year olds."
Fulp said, "Also, we get to count all our traffic on Media Metrix under a single umbrella, so advertisers will think we are more popular than we really are."
Roger Barr, founder of I-Mockery.com, has assured his visitors the acquisition is in the best interest of I-Mockery.
Newgrounds.com, Inc., a top 1,000 web property, is a leader in content aggregation and delivery. Housing over 78,000 pieces of content, Newgrounds showcases more games and movies than any other site on the internet. Based in Glenside, PA, Newgrounds has a workforce of approximately 50,000 and generates annual consolidated operating revenus of approximately $2 billion. For more information, visit http://www.newgrounds.com.
I-Mockery is now owned by Newgrounds.com, Inc. For more information, visit http://www.i-mockery.com.