Millennium invested in Ning in August 2010, just as Ning was transitioning its business model and beginning to ramp up revenues very substantially. A fast 13 months of new breakthrough achievements for Ning later, Glam Media has announced its acquisition of Ning. “Ning is the clear leader for creating custom social websites and communities,” said Samir Arora, Chairman and CEO of Glam Media. “With the addition of Ning, Glam Media will truly become the first next generation media company in the post-social world.” Excerpts from the Glam Media press release are below:

GLAM MEDIA TO ACQUIRE NING, THE LEADING PLATFORM FOR CREATING SOCIAL NETWORKS AND OWNED BRAND FAN WEBSITES

• Silicon Valley Pioneer Marc Andreessen to Join Glam Media’s Board of Directors

• Acquisition Will Create One of the Largest Social Media Content Companies with over 240 Million Users & 100,000 Publishers

September 20, 2011

PRESS RELEASE – Glam Media, Inc. (www.GlamMedia.com), the number one vertical social content platform company with the largest online global reach for women, today announced that it is acquiring Ning (www.ning.com), the leading online platform for building social websites, including more than 100,000 custom branded fan sites.

“Ning is the clear leader for creating custom social websites and communities. Acquiring Ning adds a natural extension to our social media platform, new distribution channels and a talented Silicon Valley team, all of which support our aim to connect brands with engaged, passionate audiences,” said Samir Arora, Chairman and CEO of Glam Media. “With the addition of Ning, Glam Media will truly become the first next generation media company in the post-social world.”

Since launching the first social blog community in 2005, Glam Media has experienced tremendous success, growing from just seven publishers and 12 authors to more than 2,500 publishers and 4,000 authors globally today. The company has trusted relationships with more than 1,000 leading brand advertisers and is a Top 10 web property with more than 85 million monthly unique visitors in the U.S. and more than 200 million globally.

Combining Ning’s world-class technology and deeply engaging social platforms with Glam Media’s super premium advertising solutions and reach will accelerate the company’s vision of bringing brand marketers online by helping them to engage with passionate social communities across all digital mediums.

Glam Media together with Ning will set the standard for the future of media by providing their clients with the reach of portals, the deep connections and interests of Facebook, and the influence of trusted conversations.

“Social media is transforming the way brands are reaching their audiences. The Ning platform and its Network Creators, combined with the power of Glam’s advertising solutions, will ignite the delivery of our Brands+Social integrated programs at significant scale,” said Fernando Ruarte, CTO & EVP Platform & Products at Glam Media. “Together, Glam and Ning will address important challenges that currently exist for marketers by enabling social media-activated brand campaigns to run in contextual environments that go beyond the few large social networking sites that exist today.”

Ning

Founded in 2004, Ning is the world’s largest custom platform for social communities and networks. The company has experienced explosive growth since it successfully moved to a subscription-based business model led by CEO Jason Rosenthal. Since 2010, Ning has increased the number of paying customers from 17,000 to more than 100,000 and grown its revenue by over 500 percent. Today, Ning has more than 100 million registered user social profiles and reaches more than 60 million monthly unique visitors. The company’s customers are the most active champions of brands, causes and organizations seeking to make an impact in the world using social media.

Ning makes it easy for brands of all sizes to build custom and powerful social brand fan pages and web sites as diverse as Linkin Park’s fan social network, Martha Stewart’s mentorship community, Scott Brown’s virtual campaign office and the collaborative hub for the Peace Corps. More than 50 percent of Ning sites are integrated with social applications such as Facebook, Twitter and Google+, which helps to amplify messages across each member’s social graph.

Ning will operate as a new business unit within Glam Media. Jason Rosenthal, Ning’s CEO, will join Glam as EVP Social Media & General Manager of Ning, and will be a member of the Glam Media executive team.

“Our passion at Ning has always been to make social and mobile core to every web experience, and to leverage the power of community to change the world and drive value for customers,” said Jason Rosenthal, CEO of Ning. “Connecting our customers with super premium brand advertisers has been a core part of our vision from the earliest days of the company and joining with Glam Media – which shares our roots and belief in the power of social – delivers on that promise.”

Additionally, Marc Andreessen will join Glam Media’s board of directors, joining the top venture firm investors in Glam – Accel’s Theresia Ranzetta and DFJ’s Tim Draper – as well as Co-Founder of Glam Media Fernando Ruarte, Dr Marcel Reichart from print media leader Hubert Burda Media, and Glam Media Founder & Chairman Samir Arora. Marc is a Silicon Valley pioneer who created Mosaic, the first web-browser and was the co-founder of Netscape Communications. In 2009, Marc created the venture capital firm, Andreessen Horowitz, with Ben Horowitz that invests in leading edge technology companies. He currently serves on the boards of Facebook, HP, eBay and other leading technology companies.

“Glam Media is one of the most dynamic companies in the digital media space, and I am excited to help guide their further expansion,” said Marc Andreessen. “With the fusion of Ning’s leadership and social networking technology, and Glam’s solid stake in the world of digital advertising, publishing and content creation, there’s no limit to where we can take the company.”

About Glam Media

Glam Media is the pioneer of vertical media that connects the world’s top brand advertisers with targeted vertical audiences online. Glam invented the first commercial blog network in 2005 to harness the power of Social Media for brands. Since then, it has grown to a reach of 85 million unique monthly visitors in the U.S. and more than 200 million globally, and is #1 for women and is a Top 100 US Web Property. Glam Media has more than 2,500 publishers organized across multiple vertical categories online including: Glam.com for Women, Glam Entertainment for Adults, Brash.com for Men and Bliss.com for health and wellness seekers.

Glam Media has headquarters in Silicon Valley, New York, and London, with offices in Brisbane in California, New York, Chicago, Los Angeles, London, Munich, Hamburg, Berlin, Düsseldorf, Tokyo, Pune, Mumbai and Paris. Glam Media’s investors include Information Capital, Accel, DFJ, Walden Ventures, Hubert Burda Media, GLG, and Aeris.

About Ning

Ning is the leading online platform for the world’s organizers, activists and influencers to create social experiences that inspire action. For brands of all shapes and sizes, Ning makes it easy to build custom and powerful social websites. Ning Networks span categories like politics, entertainment, small business, non-profits, education and more, connecting millions of people every day around the topics they are passionate about. Palo Alto, Calif.-based Ning was co-founded in October 2004 by Chairman Marc Andreessen and Gina Bianchini. For more information, visit www.ning.com.