November 20, 2008 12:08 PM -
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Meredith gives Real Girls a shot in the arm —

Social networking for women got a boost yesterday as media conglomerate Meredith Corp. acquired an undisclosed minority stake in Real Girls Media Network. The San Francisco-based network encompasses about 30 sites and portals for women — notably, DivineCaroline, a largely user-generated advice page. In addition to bringing Real Girls’ 3 million unique viewers to Meredith’s properties each month (upping its total to 15 million), the deal will combine the two companies’ advertising inventories and sales forces. This should jumpstart revenue on both sides. Also, Meredith will now have access to Real Girls technology that could update the look and feel...
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