Perez Hilton Celebrity Blog Gets Offered $20 Million [RUMOR]

Posted May 19, 2010

Rumor has it that Avid Life Media and two other prominent celebrity blogs have made an offer to buy out for $20 million. Avid Life also owns and

The other two bloggers involved in the deal include Zack Taylor ( and Nik Richie ( A letter of intent has been sent to Perez and his attorneys this week. The offer would be $18 million up front and $2 million in escrow. However Zack Taylor and Nik Richie would operate the business after an acquisition. [Gawker]