WASHINGTON -- Hillary Clinton ally David Brock is acquiring a media outlet, sources involved in the negotiation and sale of the site tell The Huffington Post.
True Blue Media, a newly formed company incorporated by Brock, has acquired progressive news website Blue Nation Review. BNR's previous owner, MOKO Social Media Limited, will retain a 20 percent stake in the new entity while Brock will hold the remaining 80 percent equity balance. The sale was finalized Monday night.
Peter Daou, digital media strategist for Clinton's 2008 campaign, will serve as the new CEO of True Blue Media.
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