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Internet Brands Sued By Founders of Model Mayhem

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Los Angeles-based Internet Brands has been sued by the former owners of one of the firm's properties, Model Mayhem , according to legal documents recently leaked to the press. Waitt, founders of Model Mayhem, Internet Brands failed to make deferred payments which were a part of the deal to acquire Model Mayhem.

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Internet Brands Buys ExpertHub, Shopping Sites

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Los Angeles-based Internet Brands is continuing its strategy of buying up vertical web properties, saying today that it has acquired ExpertHub , which operates a network of websites which connect consumers with attorneys. According to Internet Brands, ExpertHub will become part of the firm's Money and Business vertical.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.

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Internet Brands Revenues Grow In Q2

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Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M

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Internet Brands Buys Five Auto Websites

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Los Angeles-based Internet Brands is continuing its domain acquisition streak, saying Tuesday that it has acquired five, new enthusiast websites. Internet Brands said it has acquired 5series.net , CobaltSS.net , gtr.co.uk , DieselTruckResource.com and DieselBombers.com. READ MORE>>.

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Internet Brands 2009 Acquisition Total: $24.2M

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Los Angeles-based Internet Brands revealed it spent $24.2M In addition to those details, Internet Brands said it is now seeing a monthly average of 50 million total monthly unique visitors to its collection of web sites, with a total of 56.5 Internet Brands said it had net income of $4.3M READ MORE>>.

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Internet Brands Buys Tjoos.com

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Los Angeles-based Internet Brands said Wednesday it has acquired Tjoos.com , an online coupon web site. Internet Brands said that Tjoos.com would join the firm's shopping vertical. Tjoos had over 1 million unique visitors in February 2010, according to Internet Brands. READ MORE>>.