Time Inc. has acquired HelloGiggles, an online platform dedicated to upbeat coverage of young women’s topics and issues.
The small site — founded in 2011 by actress, musician and TV personality Zooey Deschanel, Molly McAleer and Sophia Rossi — was nabbed for a purchase price of around $20 million, the Wall Street Journal reports.
Time Inc. Acquires HelloGiggles by Zooey Deschanel for $20M
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