Glam Media hit a run rate of $100 million in annual revenue and is planning to go public around next fall according to a source with VentureBeat. Glam Media is hiring bankers to help them plan the IPO. Glam Media provides ads to independent publishers in exchange for a cut of the revenue. Fashion and shopping bloggers and publishers share the revenue 50-50 with Glam. Glam’s network of publishers hit about 90 million monthly unique visitors. Glam started about six years ago and is led by CEO Samir Arora. [VentureBeat]
Glam Media Hits $100 Million In Annual Revenues, Planning An IPO
Categories: Glam Media, Samir Arora.