Gay cable channel Logo is expanding its Web presence with the acquisition of DowneLink.com, an LGBT social networking site with more than 400,000 members. The deal, whose terms were not disclosed, will give Logo a social-networking component to complement its portfolio of content sites, which include AfterEllen.com, AfterElton.com, 365gay.com and visiblevote08.com.

Full Story:
Multichannel News

Related Summaries