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February 17, 2010

Crazy Blog Money: Salem Communications Buys Hot Air for Undisclosed Sum

Although Michelle Malkin is the owner and got most of the money, presumably Allah and Captain Ed have also got a nice chunk of change in the deal and contracts, too.

CPAC hasnít even officially started and already its making news. Mediaite has learned that leading center-right web site Hot Air has been acquired by Salem Communications for an undisclosed sum. Sources close to the deal claim that Michelle Malkin, the conservative pundit and sole owner of Hot Air, has been in talks with Salem for some time, but the announcement was timed to coincide with the Conservative Political Action Conference, which opens tomorrow in Washington D.C.

Hot Air is one of the biggest, most influential conservative sites on the Web and was launched on April 24, 2006, with Michelle Malkin as founder/CEO (though she remains editorially focused on her own blog MichelleMalkin.com and her own writing and television appearances.) Hot Air is managed on a day-to-day basis by editors Ed Morrissey and the mysterious AllahPundit, who are reported to be part of the deal in the sale of to Salem, and absolutely essential to the core value of Hot Air. We are told that, from a userís perspective, Hot Air will remain the same despite the change in ownership.

Salem also owns Townhall.

Good for them!

Thanks to JackM.


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posted by Ace at 12:19 PM

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