SpinMedia Sells Off Websites Idolator, BuzzNet, PureVolume

Billboard: Blog network SpinMedia has sold Idolator, Buzznet and PureVolume to Hive Media, a company launched just last year that has offices in San Diego, Los Angeles, New York and Tel Aviv and advertises itself as an online media organization. The sale was completed at the end of August, according to Hive Media CEO Markus Levin.