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	<title>Pulse2 Technology and Social Media News &#187; 236.com</title>
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		<title>The Huffington Post Buys Out 236.com From InterActiveCorp</title>
		<link>http://pulse2.com/2009/01/13/the-huffington-post-buys-out-236com-from-interactivecorp/</link>
		<comments>http://pulse2.com/2009/01/13/the-huffington-post-buys-out-236com-from-interactivecorp/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 02:49:40 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
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		<category><![CDATA[236.com]]></category>
		<category><![CDATA[HuffingtonPost.com]]></category>

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		<description><![CDATA[The Huffington Post raised about $25 million in funding at the beginning of December.  As you may recall, HuffPo had a record breaking amount of traffic during election season.  Now they are getting into the acquisition game by buying out &#8230; <a href="http://pulse2.com/2009/01/13/the-huffington-post-buys-out-236com-from-interactivecorp/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>The Huffington Post raised about $25 million in funding at the beginning of December.  As you may recall, HuffPo had a record breaking amount of traffic during election season.  Now they are getting into the acquisition game by buying out 236.com (known as 23/6).  236.com is a comedy website that was created in November 2007 as a partnership between Huffington Post and InterActiveCorp.</p>
<p>This acquisition indicates that The Huffington Post wants to seek other avenues of potential revenue and not just straight commentary.  236.com receives roughly 2 million unique visitors per month.  HuffPo gets about 16 million.   Through the acquisition, content made for 23/6 will be added to a comedy section of The Huffington Post.</p>
<p>&#8220;After a successful first year as a standalone comedy site we are excited to bring 236 into The Huffington Post as we launch our comedy vertical,&#8221; stated Arianna Huffington, co-founder of Huffington Post. &#8220;We look forward to creating a section that serves not only as a one-stop-shop for humor with a satirical take on the news but a spirited community for all comedy lovers.&#8221;</p>
<p>[via <a href="http://news.cnet.com/8301-13577_3-10141990-36.html">CNET</a>]</p>
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