IWantMedia site will go dark

Fourteen-year-old IWantMedia.com will go dark on Oct 20. Patrick Phillips, the founder of the IWantMedia site, who sold it to Guggenheim/Prometheus Partners for a mid-six-figure deal four years ago, is exiting after clashing with the current management team. Guggenheim Digital Media purchased Mediabistro from Alan Meckler for $8 million in August and that may have hastened IWantMedia’s demise. “Right now we are in the process of doing a lot of planning across the brands,” said Charlie Rogers, chief content officer of Adweek.